Business asset division in divorce proceedings

The valuation and distribution of marital property can be a frustrating and contentious issue for both parties. The process can become even more difficult when the assets include an interest in a business, because the business interest is often the most valuable part of the divorcing couple’s community property.

There are many types of privately-held businesses, including professional practices like doctors, dentists, lawyers and accountants and retail stores, food shops, online businesses and restaurants. Each business has it’s own unique issues but there are basically three methods of dealing with business asset division during divorce.
Division of a business in a fair and equitable […]

Serving Divorce Papers

You’ve Been Served! Really?
We’ve all seen movies where a clever process server tries to serve divorce papers to an unwilling recipient.“Fed Ex!” “Flower delivery!” Whatever costume it takes to hand papers to someone or drop them at their feet, right?

Well, how about this one? A process server is 12 feet away from you at a bar. From a distance, she tells you she has papers for you. You say, “No you don’t,” and you walk away until you’re out the door and driving home.

Incidentally, after you said, “No you don’t” and started walking away, even though you weren’t even […]

Divorce like a Celebrity: Quickly and discretely.

Some celebrities manage to keep their divorces outside the courts. Sure, they have to file paperwork to legalize their divorce, but we don’t hear about any courtroom drama.
Two celebrities who did that are 28 year old pop singer Katy Perry and her husband of 18 months, 36 year old British comedian and actor, Russell Brand. They reached a divorce agreement and submitted it to the court. Sorry celeb afficionados, there’ll be no photos of Katy and Russell walking in and out of the Stanley Mosk Courthouse in LA with their lawyers.

Katy Perry and Russell Brand’s divorce had the potential […]