Is My Spouse Entitled to Half of My Orange County Business?
The American Psychological Association reports that 40 to 50 percent of marriages in the United States end in divorce. Pursuing a divorce is never easy due to the emotions involved and the complex process of dividing assets. If you own an Orange County business, determining if your spouse is entitled
Orange County: After a Divorce, Who Can Claim the Child as Dependent on Their Taxes?
After a divorce in Orange County, the law only allows one parent to claim their child as a tax dependent. Often by default, the IRS gives this right to the custodial parent. Still, there are ways to change this default rule and provide these child-related tax benefits to the other
Advice for Teens Going Through Divorce in Orange County
Each year, parents across the country ask themselves a very important question: how are we going to tell the kids we're getting divorced? Whether your kids are toddlers or teenagers, breaking the news that you and your partner are separating is never easy. It's natural to be nervous about telling
Complications of a High Net Worth Divorce in Orange County
California's Family code attempts to make the dissolution of a marriage or domestic partnership a simple legal process. Unfortunately, there are usually no easy solutions for high net worth couples. All divorcing couples in Orange County must go through the Superior Court Family Law Division. When a couple agrees on the basic
Orange County Divorce: Tips on How to Divorce-Proof Your Business?
Most people don't plan on divorcing, yet it may come as no surprise when it happens, especially as statistics show that roughly 50% of marriages in the United States end in divorce. This period of time can take a significant toll on your well-being while impacting everything around you, including
3 Things You Can Do to Help Your Child Cope With Your Divorce
Are you and your partner ready to separate? Have you made the decision to end your relationship? Do you have children together? While you're likely on top of the paperwork involved, as well as the financial side of divorce, it's also important that you take the time to help your
7 Tips on Sending Your Child Back to School When You’re Divorced
Back-to-school month can be stressful for both children and their parents. The stress levels involved can be much higher for divorced parents. Even if your relationship with your former spouse is strained, however, it's possible to work together. How well you manage to work together can affect your child's success
Getting A Divorce in California? Save Money with Divorce Mediation Instead of a Contested Divorce
Getting a divorce can be emotionally wrenching. Unfortunately, many divorces come with legal wrangling, financial difficulties, and attorneys' fees. It's no surprise, then, that divorces often end up wiping out the assets in a marriage, and locking up future earnings, as well. Fortunately, there's an alternative. If you believe that you
Four Mistakes to Avoid in a High Net Worth Orange County Divorce
The most complex divorce cases involve high net worth couples. They tend to have a sizeable financial portfolio above $1 million or more in cash, property, and investment accounts. This scenario makes the division of assets in a high net worth divorce complicated. From grabby exes to California statutes, several reasons
Three ways to help kids get used to shared custody
On behalf of Pedrick Law Group, APC on Friday, February 22, 2019. Children often benefit from maintaining a healthy relationship with both parents, which is why shared custody is becoming the most commonly awarded custody option. However, sometimes children do not see the benefit right away. Sometimes children struggle with the changes that