Are you concerned that your ex is not fully reporting income and assets on financial disclosures? What are the common tactics used by a former spouse to hide money in a divorce in San Diego? One of the most common strategies is to attempt to claim a loan to a family member or close friend. The “creditor” is listed on…
Assets
Important Things to Know about a San Diego Divorce
What are some of the most important things to know about a San Diego divorce? The Certified Family Law Specialists at Burke & Domercq have decades of experience in San Diego divorce cases. If you are considering a divorce there are several important things you will need to know. In order to file for divorce in San Diego you or…
Identify and Find Missing Money and Assets in a San Diego Divorce
Are you concerned your spouse is attempting to hide money or assets? How do you identify and find missing money and assets in a San Diego divorce? There are several signs which can trigger that gut-level feeling that something is amiss. Is the lifestyle of your spouse a little better than their income suggests it should be? Is your spouse…
Does the Process of a Divorce Treat Assets and Debt Equally?
We are often asked “does the process of a divorce treat assets and debt equally? Will our property and debts be divided 50/50? Virtually every divorce in San Diego involves the distribution of assets and debts. Assets will include everything from the family home to personal property, a business or professional practice, retirement accounts or pensions, investments, real property and…
Negotiating or Mediating a High Asset Divorce in San Diego
What are some of the things you should consider when negotiating or mediating a high asset divorce in San Diego? Are there strategies which can keep your personal affairs and financial information private and out of the public record? How do you best ensure a fair settlement in a high asset divorce case? Generally speaking, negotiating or mediating a high…
What Should You Know About a Divorce with Substantial Assets?
What do you need to know if you are considering a divorce with substantial assets? Every divorce has it’s own unique issues and challenges, even when both parties are pretty much in agreement. These challenges become much more complex when the divorce involves substantial financial wealth, high income, stock options or the ownership of a business or professional practice. What…
Getting to the Actual Valuation of Assets in a San Diego Divorce
One of the most challenging aspects of any divorce, but especially a divorce involving substantial assets and income, is the division of assets and debts. The core challenge of property division is getting to the actual valuation of assets in a San Diego divorce so that they may be fairly and equitably divided between the parties. It is important to…
The Best Way to Protect Your Assets in a Contested San Diego Divorce
What is the best way to protect your assets in a contested San Diego divorce? The division of community property can be one of the most challenging aspects of many divorces. This is especially true when the underlying marriage lasted more than 10 years. The first and most important issue is to work to remain calm and take your time. …
You Are Legally Required to Fully Disclose Every Asset and Debt in a Carlsbad Divorce
California law clearly requires every individual to fully disclose every asset and debt in a Carlsbad divorce. This applies to many things often missed such as retirement accounts, personal injury settlements as well as separate and pre-marital or gifted assets! We are often asked “what information must be disclosed?” The short answer is simply any and all information you possess…
How are Assets and Debts to be Divided in a Carlsbad Divorce?
How are assets and debts to be divided in a Carlsbad divorce? Property division can be one of the significant challenges in many divorce cases. The division of property includes any asset, debt, property or liability owned or owed by either of the parties or both. The divorce begins with financial disclosures by both parties. Property disclosures should include, but…