For the past two decades, more and more California businesses have shifted to online marketplaces, with many relying solely on e-commerce sites to handle their orders and services. When a business is shared by a couple that later divorces, dividing these assets, especially the digital ones, can be extremely confusing. You may find it difficult to determine what is marital or separate property without the aid of an experienced divorce attorney.
A divorce involving children can be difficult on its own, even without thinking about financial matters. In some cases, you may have family heirlooms or property you want to save for your child. Or, if your child is the result of another relationship, you may worry that anything you set aside for them will be considered marital property. However, there are ways to ensure your child’s right to inheritance is not violated in a divorce.
Going through a divorce can be a traumatic, life-altering event. It is easy to become overwhelmed by all of the important decisions that must be made and the intense emotions that come with them. Do not rush through these decisions, but carefully consider each step of the process because mistakes can have a lasting impact on your future and the future of your family.
One of the most common questions that we deal with on a daily basis concerns how property and assets will get divided up during divorce proceedings.
As a couple goes through a divorce, many issues begin to pop up that neither spouse had foreseen. One such issue is that of intangible assets.
To put it simply, an intangible asset is an asset that does not have a physical form. A few examples of intangible assets are as follows: