In any divorce, ongoing support is a priority matter. In marriages where one spouse earns a significantly higher income than the other, such as a physician, there are additional circumstances to be taken into consideration.
Engaged California couples know how exciting it is to plan for the future and look forward to their lives together. However, you would be wise not only to plan for your wedding day, but also for long into the future. One of the ways that you can do this is by drafting a prenuptial agreement.
When a couple has reached the end of a marriage, there are a number of financial matters they will need to address. One major issue is what Tustin residents commonly know as alimony, or what California law calls spousal support. There are some common misconceptions about spousal support, so we'll be taking some time this month to look at just what the California courts say about it. The discussion is intended as general information only, not specific legal advice.
As discussed previously on our blog, Tustin couples may find that separating and ending their marriage can be much more complicated when they own a business together. This is one scenario among many where it may make sense to consider legal separation as a temporary phase before moving ahead with a divorce.
We wrote last week here on our Tustin California Family Law Blog about community property laws and the process California couples go through to divide their property at the end of a marriage. There are many potential complicating factors that can give rise to disputes, one of which is when partners in a marriage are also partners in a business.