Pasadena Family Law

626.788.5225

Financial




Recent Posts in Financial Category

  • Kick Out Orders - GOOD TO KNOW

    Don discusses Kick Out Orders and gives advice on getting an exclusion of the family residence and tips on the best options for your situation. https://www.youtube.com/watch?v=Ae1EBqQw_Yg&t=5s
    Continue Reading

  • GOOD TO KNOW - CAN I GET A RESTRAINING ORDER?

    In this Episode of GOOD TO KNOW, Don discusses Restraining Orders and gives advice on the correct way to handle getting a restraining order and tips on the best options for your situation. https://youtu.be/dWme648RXo8
    Continue Reading

  • GOOD TO KNOW - Date of Seperation

    On this episode of GOOD TO KNOW - Family Law Topics, Don discusses the delicate and sometimes confusing topic: Date of Separation. Watch to learn important information that will help you in your situation. https://www.youtube.com/watch?v=KdMrN_RF9q4&t=3s
    Continue Reading

  • Five Reimbursement Claims You May Be Entitled to From Your Soon to be Ex-Spouse

    A big part of the divorce process involves determining each parties’ right to be reimbursed for various expenditures made either during their marriage or after the parties separated. In fact, the reimbursement claims made by the parties are often the most litigated issues of a divorce, and given the numerous reimbursement rights afforded by law, identifying reimbursement claims worth pursuing can ...
    Continue Reading

  • Five Tips on Preserving and Tracing Your Separate Property Claims

    An important part of the divorce process is the division of marital assets, which is governed by our state's unique community property laws. In California, property acquired from the date of marriage to the date of separation is presumed to be community property. Spouses have equal interests in their community's property. Conversely, property acquired before marriage, after the date of separation, ...
    Continue Reading

  • Should I Stay or Should I Go? Seven Things to Consider Before Moving Out of the Family Residence

    The most volatile time during a divorce is usually right after the Petition for Dissolution of Marriage has been filed. It is at this moment when feelings of fear of the future surface, accusations fly, verbal attacks mount, and before you know it people end up saying and doing things they later regret. Common sense tells us the best solution during this difficult time is for one of the parties to ...
    Continue Reading

  • Estate Planning in 2017 and Beyond

    By Alexandra Smyser We all know that the new president has made sweeping changes in just his first two weeks in office. Republicans control the WH and both houses of congress for only the second time in modern history. I have had several jittery clients reach out to ask what kind of changes might be on the horizon for estate tax and gift tax. From the information we have been given from the new ...
    Continue Reading

  • New Study Draws Attention to Special Issues Relating to Divorcing an Ill or Disabled Spouse

    Recently, Time.com discussed the results of a new study published in the Journal of Health and Social Behavior . The study found that a marriage was more likely to end in divorce when a wife was diagnosed with a serious illness over the age of 50, even though a husband's illness did not affect the risk of divorce. However, previous studies have found that a husband's work-limiting illness or ...
    Continue Reading

  • Do I Get My Separate Property Back After Divorce?

    Written By: Lucy Vartanian, Esq. and Casey J. Marticorena, Esq. The scenario is all too common. Mike and Molly purchase a Malibu mansion. Mike uses $200,000.00 of his inheritance money for the down payment. Under California law, inheritance money is separate property. Fast forward ten years, Mike and Molly are headed for a divorce and Mike wants his $200,000.00 back. Fortunately, for Mike, ...
    Continue Reading

  • Study Finds Women Are Less Likely to Fulfill Child Support Obligations

    Most of us think of the "deadbeat dad" stereotype when discussing a failure to pay child support after a Pasadena divorce , but a recent NPR report states that women actually fail to pay child support at a higher rate than men. Using 2011 Census Bureau data (the most recent year available), the report found that 32% of custodial fathers received none of their court ordered child support. In ...
    Continue Reading

  • Recent US Tax Court Decision Clarifies Tax Treatment of Alimony and Child Support

    With tax season approaching, family law lawyers in Pasadena report that many recently divorced people find themselves wondering how to handle child support and alimony payments on their tax returns. Child support is neither taxable income for the receiving parent nor tax deductible for the paying parent. Alimony, however, is both taxable income for the recipient and a tax deduction for the payer. ...
    Continue Reading

  • Fate of Griffin Divorce Settlement Centers on Validity of Prenup

    Matrimonial attorneys in Pasadena agree that prenuptial agreements are the best way to protect assets in the event of a divorce, but only if they hold up in a court of law. Billionaire and Citadel CEO Ken Griffin is in the middle of a hotly disputed divorce from estranged wife Anne Dias Griffin. Anne has requested to nullify the couple's 2003 prenuptial agreement, claiming that she was coerced ...
    Continue Reading

  • Medicaid and Your Estate Plan

    When thinking about managing their personal finances, most people focus exclusively on retirement planning and estate planning . Unfortunately, this overlooks the importance of planning for any end of life care you may need. As the life expectancy of the average adult continues to increase, so do the odds that you'll require some form of end of life care. Since nursing home bills can easily ...
    Continue Reading

  • Using the Draft and Silent Auction Methods to Divide Your Household Goods

    When most of us think about a Pasadena divorce , we imagine arguments over who gets to keep the house, or who gets custody of the kids. While these big picture issues certainly take up a lot of time in the settlement process, you'd be surprised at how many couples end up arguing over simple household goods. For example, a photo surfaced on Reddit last week showing a couple who had gone to court to ...
    Continue Reading

  • How a Pasadena Divorce Affects Your Tax Liability

    One often overlooked aspect of filing for divorce in Pasadena is the effect ending your marriage has on your tax liability. As tax season approaches, it's time to consider how you'll prepare to file your return. The most important thing to remember about your tax return is that you still have the option of preparing a joint return if you are separated, but not yet legally divorced. Your marital ...
    Continue Reading

  • Patrick Dempsey May Pay Dearly for Failing to Prepare a Prenup

    Pasadena divorce attorneys always recommend that their clients take the time to prepare a prenup. Even if it doesn't seem very romantic to discuss your potential divorce before you even walk down the aisle, a prenup is the best possible way to protect yourself no matter what the future holds. It appears that actor Patrick Dempsey is finding this out the hard way. His wife, makeup artist Jillian ...
    Continue Reading

  • Oil Magnate Harold Hamm Appeals $1 Billion Divorce Judgement

    Oil magnate Harold Hamm's divorce from Sue Ann Arnall has received widespread media attention, much in part to the nearly $1 billion settlement he was ordered to pay his ex-wife in November. However, the latest media reports indicate that Hamm is appealing the ruling on the grounds that it is "erroneous and inequitable." Hamm has an estimated net worth of $18.7 billion, but claims he will need to ...
    Continue Reading

  • Spousal Support and Long-Term Marriages

    Actor John Schneider, best known for his role as Bo Duke on The Dukes of Hazzard , is getting divorced from his wife of 21 years, Elvira "Elly" Schneider. In papers filed in Los Angeles County last month, the couple cited irreconcilable differences as the reason for their divorce. Child support won't be an issue, as all of the couple's children are adults. However, Elvira is reportedly seeking ...
    Continue Reading

  • Richard Gere's Divorce Raises a Common "Grey" Divorce Concern

    Hollywood star Richard Gere, who earned over $82 million in 2013 alone, split from wife Carey Lowell last year. Carey, a 53-year-old former model, is seeking a substantial portion of the 65-year-old Pretty Woman actor's $250 million fortune. Her main basis for the claim is that she forfeited her career to care for Gere and their 14-year-old son Homer after they tied the knot in 2002. She is asking ...
    Continue Reading

  • Should You Turn Down Alimony?

    There is no law saying you must accept alimony after your divorce. In fact, Forbes recently published an article profiling three women who turned down alimony. The first woman said she felt like alimony was equivalent to accepting payment for a job she no longer did. The second woman had no children with her ex and refused alimony as a way to get a "clean break". The third woman said refusing ...
    Continue Reading

  • Can Alimony Payments Be Discharged via Bankruptcy?

    If you've been ordered to pay alimony after your Pasadena divorce , you may be interested in the case of former billionaire Samuel Wyly. Wyly is seeking to have his $500,000 yearly spousal support obligation included in his recent Chapter 11 bankruptcy protection. Wyly, along with his late brother Charles, is the founder of arts and crafts retailer Michaels Stores, Inc. as well as several other ...
    Continue Reading

  • Molestation Confession Indirectly Affects Stephen Collins' Divorce

    The divorce of former 7th Heaven star Stephen Collins from his estranged wife Faye Grant has been an exceptionally high profile case due to the leak of a recording made during a therapy session in which Collins admitted to molesting multiple underage girls. Three law enforcement agencies have since confirmed that there had been an investigation into allegations of molestation several decades ago, ...
    Continue Reading

  • Avoiding Prenup Challenges Based on Ambiguous Wording

    Robert Soros, deputy chairman and president of the $28 billion Soros Fund Management, is in the middle of a messy divorce from wife Melissa Robin Schiff. Soros allegedly cheated on his wife with model Meredith Ostrom, causing Schiff to push for a punitive divorce settlement. The couple, who have been married 22 years, have a prenuptial agreement. However, Schiff is arguing that the prenup is ...
    Continue Reading

  • The Pitfalls of DIY Estate Planning

    In many aspects of life, the do-it-yourself impulse is commendable. Sewing a quilt for your bedroom, making your own furniture from recycled materials, and canning fresh veggies from your garden are all wonderful ways to spend your free time and save resources. When it comes to estate planning, however, it's best to seek out the assistance of a professional. The main problem with DIY estate ...
    Continue Reading

  • Heidi Klum Finalizes Her Divorce from Seal: Terms of Postnup Ease the Settlement Process

    Last week supermodel Heidi Klum's divorce from singer Seal became final. Klum and Seal first began dating in 2004 (while she was pregnant with her daughter Leni from former boyfriend Flavio Briatore) and married on May 10, 2005. The couple had three biological children together: son Henry Gunther Ademola Dashtu Samuel (born 2005), son Johan Riley Fyodor Taiwo Samuel (born 2006), and daughter Lou ...
    Continue Reading
Page of 11

Contact Us Today!

We are ready when you are. Fill out the following form or call us at (626) 788-5225 and our helpful team will return your inquiry shortly.

  • Please enter your name.
  • This isn't a valid email address.
    Please enter your email address.
  • This isn't a valid phone number.
    Please enter your phone number.
    You entered an invalid number.
  • Please select an option.
  • Please enter a message.

What Sets Our Family Lawyers Apart

  • The collective expertise of specialized attorneys
  • A commitment to rapid, proactive service
  • Compassionate, individualized attention
  • Integrity and professionalism