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Monthly Archives: April 2012

The Importance of Having a Will

A comprehensive estate plan may contain many elements, including trusts, insurance policies, deeds, and powers of attorney.  But nearly every estate plan must include a will as its central component.  A well-drafted will coordinates other elements of the estate plan, ensuring they work together properly.  A will also clearly designates an executor to handle the… Read More »

Forms of Child Custody in CA

There are two types of custody: physical and legal.  Physical custody is the right of a parent or guardian to be in unsupervised physical possession of a child.  Legal custody is the right of a parent to make decisions regarding the health, education, religion, upbringing, and other aspects of the child’s life. A divorce settlement,… Read More »

What You Can Learn from High Profile Divorces in CA

It is clear that divorce can be—and usually is—emotionally straining.  But a divorce can have an impact beyond your immediate family and can be extremely disruptive to your professional life as well.  There are few better examples than the recent high-profile divorce contest between Los Angeles Dodgers owner Frank McCourt and his wife Jamie. Some… Read More »

Community Property in CA

California defines community property as any property that either spouse acquires during the course of the marriage, excluding gifts that an individual spouse receives and any property an individual spouse acquires through bequest in a will or intestate succession.  Under California law, spouses must divide community property equally following a divorce, unless they agree to… Read More »

Why You Should Consider Pre- and Post- Nuptial Agreements

Pre- and post-nuptial agreements are simply arrangements that provide definitive answers to many of the questions that arise during a marriage, including rights to property and earnings, responsibility for debts, and estate planning.  Such agreements also provide for property division, alimony, child custody, and visitation in case of divorce.  It may also provide for child… Read More »