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Category Archives: Divorce

TaxPrep

Common Federal Income Tax Issues That Can Arise After Your Divorce

By Foster Hsu, LLP |

Divorce represents not just a significant change in your personal life but also your status as a taxpayer. There are a number of tax-related issues you need to consider as part of a divorce proceeding, including how to deal with alimony–as either the payer or recipient–and how to assign certain deductions like those for… Read More »

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DivorceCost2

Tips For Avoiding Financial Problems After Divorce

By Foster Hsu, LLP |

When you are planning for a divorce in California, it is critical to think about finances and to be thinking ahead about your budget after your separation and divorce. People might avoid filing for divorce because they are concerned about what their financial situation will look like when they are living on a single… Read More »

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CashDivorce

Mistakes You Can Avoid In A High Asset Divorce

By Foster Hsu, LLP |

Divorces in San Jose and throughout California are complex regardless of the amount of assets the parties own. Indeed, divorces can involve complicated disputes involving property division and spousal support regardless of the couple’s assets, as well as contentious disputes pertaining to child custody. Yet high asset divorces, also known as high net worth… Read More »

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DivorceBrokenHeart

Divorce Filings After The Holidays: What You Should Know

By Foster Hsu, LLP |

If you are considering the possibility of filing for divorce after the holiday season ends and just after the New Year, you are not alone. According to an article in Reader’s Digest, January has become the most popular month for divorce filings, with more people filing for divorce in January than in any other… Read More »

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Divorce18

Steps To Take In A No-Fault Divorce

By Foster Hsu, LLP |

When you are planning to get divorced in California, you may be wondering about the type of evidence you will need to produce in order to show the court that a divorce is appropriate. You also may be concerned that you will need to convince your spouse to agree to the divorce in order… Read More »

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Cryptocurrency

Dividing Cryptocurrency In Your Divorce

By Foster Hsu, LLP |

Handling complex assets in a San Jose divorce can present complications under any circumstances and no matter what type of assets are involved, but cryptocurrency can present new and complex issues in California divorce cases. While courts in California have dealt with various forms of intangible property in California divorces for years, cryptocurrency is… Read More »

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Mediation6

What Should You Know About Divorce Mediation?

By Foster Hsu, LLP |

When you are going through a difficult or contentious divorce in California, you might consider the ways in which family law mediation can allow you and your ex to resolve existing disputes so that you can have an uncontested divorce. Although divorce mediation is not for everyone, and it is not appropriate or beneficial… Read More »

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MomDaughterDivorce

Talking To Kids About Divorce

By Foster Hsu, LLP |

Talking to children about divorce can be extremely difficult, regardless of whether you and your ex are on relatively amicable terms and have reached an agreement about issues concerning child custody and co-parenting. The issues that every child will face concerning divorce will depend upon the circumstances of the family, the child’s age, and… Read More »

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GrayDivorce

What Is A Gray Divorce?

By Foster Hsu, LLP |

In 2015, the term “gray divorce” entered the American lexicon with a working paper and subsequent peer-reviewed article in Research on Aging. That research was conducted by I-Fen Lin, Susan L. Brown, and Anna M. Hammersmith in the Department of Sociology at Bowling Green State University. The authors observed a shift in marriage rates… Read More »

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MoneySplit

What Is Community Property In A San Jose Divorce?

By Foster Hsu, LLP |

If you are getting divorced in California, you may already know that California is one of only nine community property states in the country. States that are not community property states are known as equitable distribution states, and in those states, property from the marriage is divided in an equitable manner between the spouses,… Read More »

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