California Division of Assets: How Restricted Stock Units Are Treated in a Divorce

Restricted stock units (RSUs) are becoming a more common type of equity compensation for California employees. Instead of getting the stock immediately, they receive it according to the terms of a vesting plan and distribution schedule after remaining with the company for a certain amount of time or achieving performance milestones. Upon vesting, they are considered income and a percentage is withheld to pay taxes. Read More

California Child Support: The DissoMaster

No one can deny that parents must support their children, so child support is a mandatory component of a divorce action. However, the exact amount ordered was a serious point of contention at one time when child support amounts were mostly at the discretion of the court. A California judge would review combined parental income and make an arbitrary decision on which parent should pay and how much. Without firm Read More

Guest Blog: What You Can Do to Create an Amicable Divorce?

By Michelle Farris Every parent worries about what divorce will do to their kids. It may keep you up at night or prevent you from leaving the marriage. But there are some things you can do to lessen the impact. Once you’ve decided to divorce creating a positive connection with your ex is the next best thing you can do. This blog will show you how to do that. Of course you may be saying “But you don’t know Read More

What You Need to Consider When Preparing a Visitation Schedule

Children of divorce can often have difficulty adjusting to the changes that come from their parents separating. When working out custody issues, it’s best to keep in mind that your child’s preferences and needs should be a top priority. There are many variations to a visitation schedule, allowing parents to get creative and adopt a routine that works well for everyone. Here are a few important elements to remember Read More

7 New Year’s Resolutions for the Recently and Soon to Be Divorced

Making the choice to divorce is an extremely difficult one. You know that you are doing the right thing for yourself (and possibly your children), but that period between separation and divorce represents a major transition for everyone involved. It’s especially challenging during the holiday season, which is traditionally a time of family unity and celebration. The good news is that this is also a time of Read More

What Exactly Are the “Best Interests of the Children?”

Divorce can be a difficult process to go through, and when children are involved, care should be taken to make sure everyone’s needs are considered. When it comes to the custody of your children, the court will make an order based on what the “best interests of the children” are. Main factors which are used to determine “Best interest of the child’ are welfare, health and education. While that sounds straightforward, Read More

Guest Blog: Do I Qualify for Head of Household?

By Megan Thompson, CPA, CVA, CFF One of the main points of financial confusion in the divorce process is the tax filing of the parties. While you are married, you can choose from two filing statuses, Married Filing Separately and Married Filing Jointly, with Married Filing Jointly being the most common. When you are separated, have children, and are living in different households, you also have the option to file Read More

Understanding the Difference Between Physical and Legal Custody

Like most parents, you're probably worried about how your child or children will fare following a divorce. It's natural to want as much control as possible over your child's future, especially if you're not comfortable making joint decisions with your ex-spouse. Child custody is a sensitive subject and shouldn't be approached lightly. Before you take any legal action, make sure you can differentiate between physical Read More

5 Key Benefits of Alternative Dispute Resolution for Divorce

If you're going through a divorce, you may dread the idea of going to court. Television and movies often make divorce look like a heated battle where only one party emerges victorious. Lot of times it is exactly like that. Thankfully, that doesn't have to be the case. Many respectable and sincere lawyers will suggest Alternative Dispute Resolution (ADR) as a better way to resolve your divorce issues. Two common forms Read More

Everything You Need to Know About California Palimony

You are probably familiar with many of the key issues that must be determined when a married couple elects to end their marriage, such as dividing property, establishing child custody and support, and potentially even paying spousal support (alimony). But those who live together for years without marrying also intertwine their lives and finances in many ways. What happens when they decide to break up and end their Read More