McCoy Fatula, APCMcCoy
Located in Roseville, CA

October 2018 Archives

Is the divorce rate 50 percent? The answer may surprise you.

Like other California readers, you may assume the divorce rate in the United States is approximately 50 percent. People have often heard and they often repeat the alleged fact that half of all marriages end in divorce. While many marriages do end eventually, understanding the divorce rate is more complicated than you may assume.

Taking care of finances after getting a divorce in California

Marital splits can cause all sorts of anxiety in many areas of life. One aspect of life that divorce may affect is financial. Suddenly, a two-income household becomes two separate households, usually with one income earner in each place. When a California couple divorces and the financial situation is a complex one, it may take months to reach an agreement. Individuals need to be prepared to deal with the financial picture moving forward as singles.

Divorce may be thwarted by a prenuptial agreement

Life changes and so sometimes do feelings. No California couple heads to the altar with the thought of divorce on their minds, so it might be that they didn't give consideration to a prenuptial agreement. On the contrary, all couples should. It has actually been shown that marital agreements work to strengthen a union, not the other way around.

New law to give pets added consideration in divorce cases

Pets are people, too. At least they now have the same status in California when it comes to couples who have chosen to divorce and who can't agree on with whom Fido or Fluffy is going to live. A judge can now make that decision in the same way he or she makes a decision on child custody, if parents can't agree. So, pets are no longer simply property like a sofa or table is considered to be.

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