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Divorce Archives

Divorce and finances

Getting a divorce can have a negative impact on a person's finances in many ways. However, California couples who are ending their marriage can take certain steps to avoid having their financial future adversely affected.

Why wealthier couples may divorce more

The Federal Reserve Board reports that the larger the discrepancy in a couple's credit scores, the greater the likelihood that they will split up within the first five years of their relationship. A SunTrust Bank survey reported that over a third of the respondents said money was a big area of conflict in their relationships. Furthermore, it is not just lack of money that creates stress in a marriage. Couples in California and elsewhere may be more likely to divorce if they are wealthy.

Experts say the new tax act could make divorce more expensive

For Californians who divorce after the end of 2018, alimony payments will not be tax-deductible or tax-payable. This is one of several tax changes brought about by the Tax Cuts and Jobs Act, which was passed in late 2017, that could affect the finances of divorcees.

Older adults, divorce and retirement

One important step that older California residents can take to lessen how much a divorce negatively impacts their retirement is to consult with a retirement specialist before they begin negotiating divorce settlement terms. A financial adviser can assist individuals with determining what type of financial resources they may need for the future and what they have to do to meet their financial goals. It is also a good idea to meet with the advisor after the divorce settlement terms have been finalized to determine how to get their new financial plan into action.

Stay Connected with us!

The divorce attorneys at Westover Law Group offer expert legal advocacy to clients throughout Southern California during their time of need. The legal team handles a wide range of divorce issues including child custody, child support, visitation, relocation, and property division. At Westover Law Group, the team of Murrieta divorce lawyers are not afraid to go to trial and stand up for what's right. Those who retain the firm's services can trust that their rights and best interests will be protected, especially if they're being shortchanged in any way during divorce proceedings. Attorney Andrew Westover, CFLS is certified by the California State Bar Board of Legal Specialization as a Family Law Specialist. Clients can be confident they have a skilled and qualified legal professional on their side to help navigate through the inherent complexities of the legal process. To request a free consultation, call (951) 643-0085 today.

How Default Judgments Work

A default judgment in a divorce is a judgment entered by the court in favor of the petitioner due to the inaction of the other party in the case. However, even if a default judgment is entered, you might still be required to attend a final hearing to complete your divorce. In the event that your spouse appears at this final hearing, none of the defenses to the allegations described in your petition can be argued by him or her since an answer was not filed in the required time period and, as a result, your petition would be deemed true at the default proceeding. 

What Are My Visitation Rights as a Grandparent?

If you are a grandparent, chances are you still want to be part of your grandchildren's lives even after a divorce. In fact, you might be worried about the future of your visitation rights once the process is over. While parents can always choose to allow grandparents to visit their children without a court order, some parents might attempt to prevent the children's grandparents from visiting them at all. In such cases, you are not without legal recourse. It is your right to petition the court for visitation rights. At Westover Law Group, our family law attorneys in Murrieta can assist you securing these rights, allowing you to be part of the lives of your grandchildren. 

Relocating After a Divorce with Children

There are some aspects of your divorce settlement that are not set in stone. After all, the court understands that life is not static and things change, people move, and sometimes you have to pursue opportunities that will improve your family's life. If you share children with your ex-spouse, however, this simple relocation can become complicated, so it is crucial to hire an experienced family law attorney who is experienced in handling such matters. 

The Difference Between Contested & Uncontested Divorce

There are two primary types of divorce: "contested" and "uncontested." While most people have a general idea of what divorce is, few know the important difference between these two different types, and this means that they often mistakenly try to file for the one that isn't right for them, especially when they don't have a Murrieta divorce attorney helping them out. On this blog, we'll explain the important differences between these two types of divorce and help you recognize which one is your best option. 

Using Mediation for Your Divorce

It's no secret that divorce is a highly stressful time, and it can be an expensive and time-consuming process. Many people are afraid to pursue the divorce they desire because they do not want to go to court and battle with their spouse over their children, possessions, and income. There are other options besides a lengthy and costly court battle, however.

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