Articles by category: Property Division

Property Division

Are Term Insurance Proceeds Community Property or Separate Property

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

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 Property Division, Articles, Business Valuation, Divorce, Legal Separation, 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 Property Division, Articles, Divorce, Legal Separation, 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 Property Division, Articles, Business Valuation, Divorce, Legal Separation, Spousal Support

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Saving Money During The Marriage

By Marcus Morales on Mar 08, 2018 in Property Division, Articles, Divorce, Legal Separation, 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 Property Division, Articles, Business Valuation, Child Support, Divorce, Featured Articles, Prenuptial Agreements, 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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