July 2014 Archives

Protection of personal data and finances in divorce

Dealing with a divorce may be stressful and difficult, but it is important for California residents facing the process to take a careful approach to financial details and personal information during such proceedings. According to studies, only about 30 percent of individuals who end their marriages through divorce ask ex-spouses to delete sensitive or personal data such as intimate photos, passwords and other electronic content. Around the same amount of individuals in relationships reportedly admit to perusing social media details related to a partner's ex-spouse.

A mistake Californians might be making in divorce negotiations

California divorcees may be amongst those who might regret not claiming retirement benefits from their exes. A Securian Financial Group survey of more than 500 divorced individuals discovered that 31 percent did not know that asking for a spouse's retirement assets in a divorce agreement was possible, but they wished that they had. California views all assets obtained during a marriage, with a few exceptions, community property and mandates that couples each receive an equal settlement.

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