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November 2016 Archives

Divorce rates fall, but many marriages still end in divorce

People in California might be less likely to get a divorce than in previous years based on research from the National Center for Family & Marriage Research at Bowling Green University. However, some experts say that the figure of half of all marriages ending in divorce still stands and that data about lower divorce rates does not necessarily correlate to the success or failure of any particular marriage.

Dividing student loans in a divorce

Divorces can be complicated when Orange County spouses have a lot of marital assets to fight over. What some people forget is that debts can also cause property division disputes as spouses fight over who will be required to pay off or otherwise assume responsibility for their credit cards and mortgage loan. Many divorcing spouses also have student loan debt that will enter into these negotiations.

Child support may not cover all the essentials

Child support is designed to help custodial parents care for their children after a divorce. Essentially, the non-custodial parent is responsible for paying a monthly sum that goes towards the cost of raising the child. However, many custodial parents find that child support does not cover all the essentials, meaning they end up providing far more in terms of financial support for their children.

How a parenting plan can ease divorce stress

When facing divorce, couples must decide not only the separation of their assets, but also how to handle the changes that affect their child. California courts have the responsibility of approving the decisions made on behalf of the child and advising both spouses to work together to establish a parenting plan. The plan should establish boundaries, rules, schedules and authority for certain decisions. There are many things to consider when discussing your plan.

Dissipation of marital assets

Estranged Orange County couples who are ending their marriages do not always act reasonably. Rather than working out a mutually beneficial property division agreement and parting ways amicably, some fight over every asset until the bitter end. "Dissipation of assets" is one behavior that spouses may be accused of in particularly contentious divorce cases.

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Seal Beach, CA 90740

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