California Divorce Guide: Finances After Divorce


Finances After Divorce
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Divorce Library

Prenuptial Agreements
... Agreements, and Divorce (MasterMedia, $12.95), an agreement can be specifically tailored to the couple's needs and wants. Finances are generally the main focus, but even the pettiest details can be included. "One client insisted the toilet seat be put down," ...
http://www.californiadivorce.info/dm.legal.miscellaneous.pre-nuptial.htm

Save Taxes During Life's Transitions
... the benefit of your children. This trust is helpful if you don’t believe your children will be capable of handling their finances when they are older. This trust also helps to move money out of your estate in case your estate does become taxable. As you can ...
http://www.californiadivorce.info/money.taxes.estate-planning-will-never-die.htm

Getting Your Financial Life Back on Track After Divorce
... check comes late. Accept your financial situation, know your legal remedies, and pursue them with dogged detachment. Focus on Finances It’s hard to be optimistic about a shaky financial future. If you are disoriented financially, this is the right time to get a ...
http://www.californiadivorce.info/money.independence.backontrack.htm


Today's Article from the Divorce Library

MODIFICATION OF SPOUSAL SUPPORT
by Aaron Dishon, Esq.

Spousal support awards and agreements are modifiable throughout the support period except as otherwise provided by agreement of the parties. 

However, unlike child support, the court's continuing power to modify spousal support is dependent on the terms of the court's order. Unless jurisdiction to award support has been reserved,post-judgment spousal support is limited by the stated duration of the order.

Once the Court has "terminated its jurisdiction" over the issue of spousal support, the supported spouse will generally not be able to return to court and seek to extend spousal support.

However, if there is a step-down spousal support order that provides that spousal support will terminate on a certain date absent the party petitioning the court prior, it is possible for the supported spouse to seek that the court further extend support as long as the supported spouse files their request prior to the termination date.

In marriages of less than ten years, the statute provides a presumption that support should be granted for half the length of the marriage. As a practical matter, in the late 1990s it appears that spousal support duration is linked to a transition period from married life to single life. The circumstances vary from person-to-person, but the courts tend to disfavor "lifetime support." Thus, even in a marriage of long duration it is generally possible that the court will terminate spousal support after a "reasonable period of time."

The court will often issue a "Gavron Warning" which provides that the supported spouse must make reasonable efforts to become self-supporting within a reasonable period of time and that failure to do so may be a grounds for terminating support.

A "Family support" order may be modified to separate orders for child and spousal support where there has been a change of circumstances justifying increased child support. If you live in Southern California, and would like advice about finances after divorce or other family law or estate planning issues, please setup an initial divorce consultation today.

Would you like to know more about finances after divorce? The attorneys of the Law Offices Of Aaron Dishon, in Irvine, California are experienced professionals that will guide you through the divorce process and help you get the results you deserve. Mr. Dishon is a Certified Family Law Specialist.

Dishon & Block, Attorneys at Law
Free Initial Divorce Consultation
       Offices in Orange County, California

Make an appointment now!
Consultation limited to Southern California residents or those with cases pending in Southern California. If you are out of the local calling area, we will set up an appointment time for you to call.

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