Divorce can be a financially stressful process with which many people in California struggle. When the stakes are high -- such as in a high asset divorce -- individuals may feel understandably worried about their future financial health. Here are a few things to keep in mind for those who are concerned about these issues and want to avoid potentially costly tax implications as the year rapidly draws to a close.
Even for California couples who understand that ending their unhappy marriage is for the best, divorce can be an understandably emotional process. As with almost any emotional task, figuring out some of the more difficult details -- such as child custody, support and asset division -- can be even more complicated. One celebrity couple, however, has seemed to find agreeable solutions to these issues without much problem.
Although Chris Pratt and Anna Faris might be most well-known to people in California for their roles in popular movies, they have been in the headlines more recently for their ongoing divorce. However, unlike many celebrity splits, the couple reached a settlement in a relatively quick and collaborative manner. Their settlement addresses important topics, such as alimony, child support and child custody.
You probably already have an idea of the type of people who use prenuptial agreements -- wealthy and perhaps not totally committed to their future nuptials. Unfortunately, this long-standing stereotype makes it difficult for the average person in California to fully grasp the true benefits of a prenup. Whether addressing concerns about property division or protecting yourself from your partner's debt, a prenup is an invaluable tool from which virtually anyone can benefit.