The world has changed its approach and opinion to crypto-assets in the last few years. No longer associated with shady financial transactions, cryptocurrency has gone mainstream. When divorcing, each couple is legally obligated to disclose all assets while undergoing...
Results-Oriented Family Law Representation
Division of Property
Could your spouse be hiding assets?
Have you ever thought about setting some money aside so that your spouse doesn’t know you have it? Maybe you just wanted a little fund for yourself, a few hundred dollars hidden in a desk drawer. If you’re getting a divorce, you have to consider the fact that your...
Bifurcation and divorce-part 2
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...
Bifurcation and divorce-part 1
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...
Midnuptial agreements and California divorce
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...
Transmutation and property division in a high-net worth California divorce
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...
Viatical settlements and high net worth divorce marital assets
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...
When is a $1 Billion divorce settlement not enough?
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....
Custody of pets
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...
Postnuptial agreements in California
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...