It's widely believed that divorcing couples will each receive half of the family assets although, in most cases, they do not get identical assets but equivalent ones. In California, there must be a distinction made between community and separate property with only community property being subject to division. Additionally, 401(k) plans have different rules as to how the assets are treated in a divorce. Family law judges have wide discretion in establishing final property division orders.
Splitting 401(k) assets in a divorce may be complex
Motorcycle crash victim awarded $46 million settlement
Motor vehicle accidents are an unfortunate part of life for people who travel California’s streets and highways. Most everyone is in a collision at some point in their life, and that does not stop people from driving. It should not, because state laws intend to minimize the risk on the road and to keep unsafe drivers from endangering those who follow the rules.
