Are you risking your relationship and perhaps a marriage by asking for a prenup? What is a prenuptial agreement and when should you consider asking for a prenup? A prenuptial agreement is simply a contract which establishes existing property and financial accounts, intellectual property, business ownership or debt and how it will be handled in the future, including the event…
Debt
Valuation Isn’t Just for a Business in a Divorce
While it often applies to a company or professional practice valuation isn’t just for a business in a divorce. What is valuation and how is it helpful in the successful completion of the divorce process in Carlsbad and North County? Here in California, all marital debts and assets must be divided evenly between the former spouses. The process of property…
After a Divorce Collectors Can Still Come After You Even if Your Ex was Ordered to Pay the Debt
After a divorce collectors can still come after you even if your ex was ordered to pay the debt. Many of our clients are surprised to learn they continue to be responsible on all debts to which they were a signator during the marriage. Why is that? During a divorce proceeding all community debts and assets are evenly distributed between…