In CA, one of the primary tenets behind custody laws and family law in general is a high level of parental involvement from all sides. The family law code often favors 59/50 split custody for this reason, unless there are other factors a play or a child’s well-being is threatened under one of the parents.
When many couples purchase a home together, they often do so with the expectation that they’ll continue living in it happily together for years to come. Unfortunately, life doesn’t always pan out how we expect it, and soon-to-be-divorced couples often find themselves negotiating how to handle the shared home equity.
For this post, we’re offering a quick look at the most common types of ways that home equity is either split or handled after a divorce.
Whenever someone gets involved in a legal dispute, there are often two main questions at the forefront: how can they protect their interests in the resulting outcome, and how can this be achieved via the most efficient way possible? These questions certainly apply to disputes involving family law.
A divorce judgement will often include spousal support for one of the partners. This is financial support that is designed to give that person stability while he/she navigates their new life without the other partner. The exact amounts and duration of these payments varies, so most people don’t know exactly what to expect when it comes to spousal support.