You're staring at divorce papers, and you know your spouse has millions tied up in properties. Maybe it's the Malibu beach house, the Hollywood Hills estate, or that "investment property" you barely hear about. When Los Angeles luxury real estate assets and hidden wealth in divorces become part of your…
Understanding California's complex divorce laws is already challenging enough, but dealing with business ownership and high-net-worth divorce in Los Angeles can make your situation especially difficult. If you’re going through a divorce in California and share a business or partnership with your spouse, it’s imperative that you work with a…
New Joint Petition for Dissolution or Legal Separation Provides Streamlined Legal Process for Parties Seeking Amicable Divorce, Saving Time Through a Collaborative Process Starting Jan. 1, 2026, in accordance with Senate Bill 1427 (Chapter 190 of the Statutes of 2024), the Superior Court of Los Angeles County will offer a…
Effective January 1, 2026, California changed the state income tax treatment of spousal support for new divorce or separation instruments. Before (California’s historic rule): Spousal support was generally deductible to the payor and taxable income to the recipient for California purposes. Now (for instruments executed on or after January 1,…
Divorces can be complicated, particularly for high-net-worth individuals and those who own a lot of complex assets. California is a community property state, which means all assets should be divided equally. However, it can be difficult to determine how to divide real estate and other physical property. Learning about the…
Divorce is never an easy experience, but when one or both of the spouses own highly valued assets, the process can become even more complicated. In California, professionals and celebrities are not immune to divorce. These high asset divorces in California are complicated, and it is imperative that you do…
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