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August 2019 Archives

3 options for family business owners in divorce

When you and your spouse launched your business, you did not think twice about what you would do if you decided to end your marriage. After all, it seemed unlikely at the time. Beyond that, starting the business was fun and exciting. You focused on that part of it more than any worries about the future. It's just not where your mind was back then.

California's pet custody law

The way pets are treated in divorce cases changed in California when Assembly Bill 2274 was signed into law by then-Governor Jerry Brown in September 2018. Family law judges in the Golden State may now make these decisions based on what is in the best interests of the animal. This is the same standard applied in child custody cases. Before AB 2274 amended the California Family Code, companion animals were considered marital assets like cars or real estate.

The challenges people face after a gray divorce

Divorce rates in California and around the country have not changed much in several decades, but the number of couples over the age of 50 choosing to end their marriages has risen sharply. Today, one in four divorces involves older spouses. In 1990, that figure was just one in 10. This trend shows no signs of slowing down, and it is raising concerns because people who end marriages after several decades often grapple with difficult emotional issues and sometimes face severe financial problems.

Common reasons for divorce are lack of love, communication issues

Researchers who asked more than 2,300 people why they got a divorce found that many couples have a lack of emotional satisfaction in their marriages. Rather than behavioral reasons, such as violence and addiction, exes pointed to psychological reasons, such as a lack of love or trust, that led the divorce. The study authors, who published their findings in the "Journal of Sex & Marital Therapy," reflected that this represented a shift in how marriage is perceived. Increasingly, people seek to be emotionally fulfilled in marriage. Many spouses in California may be willing to leave a relationship that does not provide that fulfillment.

Keeping the family home after a divorce

For many California couples who are preparing for a divorce, determining what to do with the family home may be the most difficult decision that needs to be made. Some former couples choose to sell the family home and split the proceeds while others choose to have one former spouse buy out the other. What a former couple chooses to do with the family home will depend on their unique set of circumstances.

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