Category Archives: Property Division
Appraising Complex Assets In A Divorce: What Should You Know?
Going through a divorce and property division in California is complicated even when spouses have relatively little community property and no complex assets. Yet many married couples in San Jose own property that is complicated to appraise and value, and thus to distribute evenly during the divorce according to California community property law. In… Read More »
Division of Retirement Assets
The average 20-something has $10,500 in their 401(k) plan, according to Investopedia and Fidelity. This may not sound like much, but it is by no means inconsequential. And, the older the worker, the larger their retirement account becomes. The average 60-something has over $182,000 in their 401(k) account. Of course, these are averages, not… Read More »
How Does Debt Work During Divorce?
Debt, like other marital assets such as bank accounts, real property, and many personal belongings such as cars and furniture, is divided during divorce. However, not all debt is shared equally. And, some debt is not shared at all, such as debt from before the marriage or other types of non-marital debt. If you… Read More »
