Results-Oriented Family Law Representation
An earlier post recognized the role of a request for bifurcation in a California divorce proceeding; here we will discuss the legal requirements that must precede a request to the court for bifurcation. In California: Six months or more must have passed since the...
In family law and divorce law, the term “bifurcation” refers to a legal process by which the issues in a divorce are divided into two parts. One part focuses entirely on a single point of law: a request for a separate to restore the parties’ legal martial status from...
Among high net worth couples in the process of divorce, property issues can be considerably complex, and often contentious as well. In a recent post we discussed marital property transfers known as transmutation agreements, and how they may become objects of conflict...
In recent years, California law has seen the addition of a statute relating to fraud in transactions between marital partners. There have also been laws enacted that intensify, or heighten, the fiduciary duty between married people. Previous posts have touched upon...
Throughout the course of a high net worth divorce, the finances, assets and property of each spouse will be examined and evaluated in the process as the parties move toward determination of a settlement and possibly alimony and/or child support payment amounts. Among...
Recently Harold Hamm, an oil company executive considered the wealthiest man in Oklahoma, was ordered by an Oklahoma judge to pay his ex-spouse, Sue Ann Hamm, nearly one billion dollars in cash and assets. This divorce settlement ranks among the largest in U.S....
Real-life events often present timely opportunities for discussion regarding certain aspects of our legal practice. A recent news item reported the finalization of a divorce settlement between a popular comic actress and her wife, a psychologist, in the Los Angeles...
In one of our previous posts, we took a look at prenuptial agreements and the role they may play in a divorce. But what about the flip side? What is a post-nuptial agreement? A postnup is intended to provide financial protection for what may occur after a marriage...
Not all marriages work out, and divorce is the solution for many couples. But we believe that not all divorces need become unnecessarily complicated, or contentious, or difficult. Especially here in California, the law provides a relatively simple process called a...
In our most recent posting, we took a somewhat abbreviated look at a wealth-preserving, tax-saving financial arrangement for high net worth families known as a family limited partnership, or FLP. To recap, the primary benefits of establishing a FLP include: ...