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When California first enacted divorce laws in 1850, the only grounds for divorce were impotence, extreme cruelty, desertion, neglect, habitual intemperance, fraud, adultery, or conviction of a felony. [29] In 1969-1970, California became the first state to pass a purely no-fault divorce law, i.e., one which did not offer any fault divorce ...
If you do choose to consider this route, it might be for some of the following reasons: You have a strong preference for either the house or the other assets. Perhaps you have other retirement ...
Financial infidelity can impact a marriage just as bad as physical infidelity, she adds. A BankRate study finds that 42% of American adults married or living with a partner have kept a financial ...
Divorce as an entrepreneur For business owners experiencing divorce, 57% say their company has taken a financial hit, and 70% couldn’t focus on their work the same way.
Divorce courts retain the discretion to refuse to enforce prenuptial agreement terms restricting a party’s right to seek alimony if that party would have to seek public assistance as a result of the alimony waiver, or if the restriction on the right to seek alimony is unconscionable or unfair when the divorce occurs. Lack of financial ...
In dividing shared assets during a divorce, it can be tempting to want to keep the marital home for any number of reasons, but it’s important to be sure this is the best financial decision for you.