Spousal support is a means to aid individuals during their transition from a double to a single person household. Whether the two parties or the court sets the support amount, sometimes the payee does not want to stick to the agreement, for various reasons.
Debt collectors in California and around the country have been known to take legal action against consumers over debts that were taken out by identity thieves or other malicious individuals. These lawsuits are generally dismissed with prejudice once the true provenance of the debt has been established, but that does little for consumers who have had to spend significant amounts of time and money defending themselves.
Consumer debt has grown to an all-time high in California and in other states. The national consumer revolving debt is now around $1,037 trillion. Consumers can easily let credit card debt accumulate on their accounts if they are not paying close attention.
Judges in California will soon have more issues to consider when awarding pet custody in divorce cases. A new state law that was signed by Governor Jerry Brown on October 18 allows judges to base their pet custody decisions on matters pertaining to the pet's well-being.
California couples who are getting divorced should be aware of how the changes brought on by the passage of the Tax Cuts and Jobs Act can impact a marital separation. The new laws will institute changes in the treatment of child support and alimony that may result in divorces finalized after 2018 being more expensive.
Divorce among older spouses is becoming increasingly common in California and other states. Also known as "gray divorce," a late-in-life separation can threaten a senior's hard-earned retirement savings. However, there are several ways to prevent a gray divorce from affecting retirement.