One of the most common questions we are asked is “how bank accounts are to be handled in a San Diego divorce?” Divorce can be emotionally challenging for most former spouses. When money comes into the mix it may only seem to get worse. So what do you need to know about how your bank accounts are to be handled…
Fiduciary
Each Party Has Legal Obligations in a Carlsbad Divorce
Each party has legal obligations in a Carlsbad divorce and it is important to understand these “duties” to one another. Prior to and during the divorce both spouses share a “fiduciary” duty to one another. The legal term “fiduciary” means having the power, authority and obligation to act in another’s best interests requiring honesty and good faith. Therefore, spouses are…