McCoy Fatula, APCMcCoy
Located in Roseville, CA

divorce Archives

Divorce lawyers cite increase in couples seeking prenups

Prenuptial agreements are not typically the first thing on the minds of California couples or others around the nation. While not necessarily the most romantic topic to discuss prior to tying the knot, these documents can prove to be valuable should a couple subsequently decide to get a divorce. In fact, a majority of matrimonial lawyers have witnessed an increase in the number of clients who want to get some sort of marital agreement.

Guard against disruption to retirement plans during a divorce

Any time a marriage ends in California or anywhere around the nation, there are always countless issues to resolve. No matter how old a couple is, the decisions made during a divorce have major implications on the lives of those involved. However, older couples may realize that getting divorced may throw a wrench in their retirement planning.

Prenups more popular among millennials, divorce experts say

When couples in California or elsewhere around the country decide to end their marriages, the issue of property division can often become contentious. As emotions likely run high during the divorce process, the parties involved are concerned about protecting their individual interests. However, if a couple has developed a prenuptial agreement or other marital agreement, the decisions about "who gets what" are more straightforward. Experts are reporting that these types of agreements seem to be more commonplace with a particular generation.

Couples who spend more on weddings at higher risk for divorce

Weddings in California can be expensive, but whether a couple spends a few hundred dollars on their special day or tens of thousands, most believe that the outcome is the same -- the celebration of the start to a happy marriage. A recent study showed that this line of thinking might not be accurate. Researchers discovered that the more couples spent on their wedding, the higher their chances of divorce were. 

New tax law affects how alimony in a divorce will be handled

The Tax Cuts and Jobs Act of 2017 that became effective on Jan. 1, 2018 affected many California residents and others around the country. While the Act addressed numerous issues, one notable topic dealt with how alimony, also known as spousal support, will be taxed. These tax changes will have a great impact on those couples who divorce in 2019.

Increased number of Baby Boomers getting "gray divorce"

Baby Boomers are those individuals in California and around the country who were born between 1946 and 1964. Many in this generation have been married for long periods of time, have children and grandchildren, and are considering retirement, if they haven't retired already. However, the divorce rate among this demographic has been steadily increasing over recent years.

Wait of 4 months or more for would-be divorce in California

It is a well-known fact that divorces can take a long time to settle. People typically blame confusion over assets, difficult negotiations or a stubborn ex for the lengthy process. However, couples seeking a divorce in California may have an additional factor delaying their process, thanks to a large backup of family court cases in the state. 

Prenups can ease conflict should divorce occur

Prenuptial agreements are not exactly the most romantic subject a couple planning a wedding may broach in California or elsewhere around the country. Discussing how to divide property should a divorce occur is simply not met with the same enthusiasm as choosing the color of the bridesmaids' dresses or picking a honeymoon destination. However, developing a prenup may actually foster better communication in a relationship if handled properly.

Understand new tax implications regarding divorce

Residents in California and all across the nation were given a couple of extra days this year before their federal tax returns for 2017 were due. While some taxpayers file their returns as soon as they receive all the required documentation, others choose to file as late as they can. Although the deadline for filing this year is now past, many individuals are already looking ahead to see how changes in tax laws may affect them. In particular, couples going through a divorce will experience some changes in their tax filings.

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