Hartley, Maxwell, & Castellano Attorneys at Law
Let Us Help You. Call Today. 805-232-5808
Let Us Help You. Call Today. 805-232-5808

January 2019 Archives

World's richest man announces divorce

Some in the media practically shouted the headline that Amazon CEO Jeff Bezos was getting divorced. That in itself was not the issue, it was the fact Jeff and MacKenzie Bezos did not have a prenup despite the fact that Bezos is worth an estimated 137.1 billion dollars. In a gesture that may be seen as noble by some and foolish by others, the couple's divorce is an amicable one and they are splitting the estate in half.

Sometimes Legal Separation is the Best Option

Separation may be the best option for some couples. It can be a major step towards divorce, it can be an end unto itself, or it can even act as a break while the couple tries to regroup. These can be informal, or they can be more formalized by filing for legal separation or drafting a legal separation agreement. Preparation of a Judgment of Legal Separation is necessary to formalize the agreement.

A homemaker or stay-at-home parent can receive assets in divorce

When you marry someone, you join your financial situation with theirs. While you can't control every financial decision your spouse makes, you still share in the responsibility. Similarly, your spouse will share in any assets you acquire unless you agree to terms in a prenuptial agreement that protects your individual incomes.

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Hartley, Maxwell, & Castellano Attorneys at Law