Divorce mediation is a process where a neutral third party, known as a mediator, helps divorcing couples in California reach mutually acceptable agreements regarding various aspects of their divorce, such as child custody, visitation, child support, spousal support, and division of assets and debts. …
How Can You Financially Recover from a Divorce?
A divorce is one of the most financially damaging life events. Many couples are used to dividing costs of all sizes, from mortgages to energy bills. It might be challenging to sort out your funds and go alone. Couples with sizable assets or shared obligations should be especially aware of …
Postnups: Are They Worth It?
Bohm Wildish: California Postnuptial Agreements - Singing a prenup (prenuptial agreement) is fairly common practice that everyone is aware of. Many couples decide to sign a prenup to figure out financial issues that will save headaches and protect individuals in the case of a split. But what about a …
Dividing a Business
Bohm Wildish: Divorce Business Ownership - Divorce finance is complicated as it is, but trying to divide a business makes it extremely vital to know the process before making business decisions. The business is typically an asset and a source of income for the couple. …
Divorce’s Affect on Credit
Bohm Wildish - Divorce and Taxes: Tax season is here-- everyone's favorite time of year. (Not.) Most people are currently thinking about their finances, their taxes, their credit score, etc. More than 75% of California marriages end in divorce, so many of our clients from Orange County and Los …
New Tax Laws Affecting Divorcing Women
Bohm Wildish - Divorce and Taxes: Congress passed the American Taxpayer Relief Act (ATRA) at the beginning of this year to prohibit tax increases to the middle class and spending cuts in motion if no action were taken, and to avoid the "fiscal cliff." But if you were in the middle of a divorce …
Understanding COBRA
Health insurance is essential for people at any age. You want to sign onto a plan that will give you the best coverage for you and your family. However, what happens when your family encounters a divorce? Since there are an increasing number of divorces each year, the courts are no longer awarding …
Seven Financial Steps for Women Post-Divorce
Divorce Advice: Jeff Landers recently wrote an article in Forbes outlining seven steps for women to achieve financial stability post-divorce. If you're a woman who has recently gone through a divorce, your life has probably drastically been changing. You may have experienced an emotional roller …
Divorce And Your Career
Will a painful divorce help or hurt your career? That's the question Marcia Heroux Pounds answers in a recent Sun Sentinel article. Pounds notes that lawyers and mediators believe divorce can do wonders for your career or kill your career. The stress of a divorce is an obvious hurdle. Your …
Splitting the Marriage and the Business
When your spouse is also your business partner, a divorce will most likely complicate a few things in life. Celebrity designer Vera Wang and husband Arthur Becker are calling it quits, Women’s Wear Daily recently reported. It’s unclear whether either party has filed divorce papers. Wang and …