Kevin Qualls Family Law
Maintaining Professionalism. Preserving Civility. Finding Answers. Practical Guidance On Important Divorce And Custody Matters

May 2014 Archives

Using trusts to protect assets

California couples may find it difficult to plan for the possibility of divorce. However, for those interested in protecting personal finances, it is important to accept the possibility and plan accordingly. In many cases, couples choose to create a prenuptial agreement. Prenuptial agreements, while useful in some cases, can be thrown out or overturned by the courts in some situations. For those with significant wealth to protect, the possibility of a prenuptial agreement being overturned can spell financial disaster.

Former New York governor to pay millions to his ex-wife

California couples with a high net worth may be interested in the recent emergence of legal documents detailing the terms for property division in Eliot Spitzer's divorce. Reportedly, Spitzer's wife will receive a large financial package from Spitzer, a former New York governor, in accordance with the couple's postnuptial agreement. The high-profile couple filed for divorce in January 2014.

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