Articles by category: Property Division

Property Division

Forensic Accountant For Divorce in Santa Barbara

By Marcus Morales on Apr 01, 2019 in Property Division

Forensic accountants are critical for owners of small businesses to determine cash flow available to pay child and spousal support and the value of any business. Below is a list of forensic accountants who handle Santa Barbara Divorce cases.

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Case Law Update: Transmutations (Converting Separate Property To Community Property)

By Marcus Morales on Jan 25, 2019 in Property Division

A new case decided by the California Court of Appeals interprets the requirements for a transmutation to convert separate property to community property.

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Reimbursement For Child Or Spousal Support From A Different Relationship

By Marcus Morales on Jan 16, 2019 in Property Division

Payment of child or spousal support from a different relationship during marriage may lead to one spouse reimbursing the other for said payments.

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Are Term Insurance Proceeds Community Property or Separate Property

By Marcus Morales on Mar 13, 2018 in Articles, Business Valuation, Divorce, Legal Separation, Property Division

Generally, characterization of a term insurance policy (i.e. life insurance, homeowners insurance, etc.) depends on the source of funding of the premium for the final term of the policy

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Mortgage Payments After Separation

By Marcus Morales on Mar 08, 2018 in Articles, Business Valuation, Divorce, Legal Separation, Property Division, Spousal Support

If the spouse is using separate property to pay the community debt, i.e. wages earned after separation, then the payer spouse may be entitled to reimbursement from the community for paying the community debt. Beware, a spouse who resided in the community home exclusively may have to reimburse the community for the rental value of the home during the period of exclusive use.

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California Length of Spousal Support: Gavron Warnings

By Marcus Morales on Mar 08, 2018 in Articles, Divorce, Legal Separation, Property Division, Spousal Support

If the court deems it appropriate, the court will issue a warning to the supported spouse that they must makes efforts to find work and support themselves, as the court intends to terminate or modify spousal support at a future date.

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Preliminary Disclosures

By Marcus Morales on Mar 08, 2018 in Articles, Business Valuation, Divorce, Legal Separation, Property Division, Spousal Support

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Saving Money During The Marriage

By Marcus Morales on Mar 08, 2018 in Articles, Divorce, Legal Separation, Property Division, Spousal Support

When determining the amount of spousal support (alimony), one spouse will receive, the court will attempt to determine what the martial standard of living was during the marriage.

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Bitcoin and Divorce - Cryptocurrency Is the New Frontier For Divorce Cases, And Some Lawyers Are Crypto Ignorant

By Marcus Morales on Feb 13, 2018 in Featured Articles, Articles, Business Valuation, Child Support, Divorce, Prenuptial Agreements, Property Division, Spousal Support

When looking over bank statements and financial records the past couple of years in California divorce cases, we have noticed a couple of key words popping up in regards to cryptocurrency which signals red flags. One term is "coinbase". Coinbase is a digital exchange and wallet where cryptocurrency can be stored, purchased, sold and received. Think of coinbase like an online bank for cryptocurrencies.

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