Articles by category: Business Valuation

Business Valuation

Think your spouse could earn more? Ask for a Vocational Exam

By Marcus Morales on Mar 13, 2018 in Business Valuation, Articles, Child Support, Divorce, Legal Separation, Spousal Support

When child or spousal support is at issue, one party may voluntarily make less money to lower the support payment, or not work so you have to pay more in support. Family Code Section 4331 provides a solution, a Vocational Examination.

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Bonus pay, Overtime pay, Child and Spousal Support Order

By Marcus Morales on Mar 13, 2018 in Business Valuation, Articles, Child Support, Divorce, Spousal Support

Is bonus or overtime pay considered in a child or spousal support order? Typically, the court will consider all income from any source derived. But, if bonus and overtime income fluctuates, the court may impose what’s know as a Smith-Ostler order.

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Interest On Family Law Judgments

By Marcus Morales on Mar 13, 2018 in Business Valuation, Articles, Child Custody , Child Support, Divorce, Legal Separation, Spousal Support

If your family law judgment does not have an interest on late payment clause, can you collect interest? “Part of a judgment of dissolution which awards money in lieu of an in-kind division of non-monetary community property is a money judgment on which interest accrues from the date of its entry.”

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Are Term Insurance Proceeds Community Property or Separate Property

By Marcus Morales on Mar 13, 2018 in Business Valuation, Articles, 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 Business Valuation, Articles, 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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Preliminary Disclosures

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

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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 Business Valuation, Articles, Child Support, Divorce, Featured Articles, 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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