San Diego's Divorce Lawyers - Divorce With Respect For Over 30 Years

Poor Economy -- Can You Afford to Divorce?

Tue, 2009-09-01 16:27 — Michele

For good or for ill, the economy is affecting divorce decisions.  The most important way that I see an effect is in “opportunity”.  In the stock market, the real estate market and the business market, there may be a good time to find good value in bad times.  Savvy investors know when a stock, a property or a business is undervalued, and the ones that have the opportunity and the means to take advantage of it will be better-served, financially.

How is this related to divorce?  The spouse that wants the house, the business, the stock portfolio, etc, will pay less for it now. An asset that was once valued much higher may be worth less now, and a spouse wanting to keep that asset can buy out their ex-spouse for less than before. In a first appointment with a divorce lawyer, a client should be sure to ask about their financial options, especially in the current economy.
 

User Login
Copyright: 2000-2011 Lowenstein Brown APLC
Site by Ageye
This communication is an advertisement as defined by The Rules of Professional Conduct and California Business and Professions Code.

No communication resulting herein shall create an attorney-client relationship unless a separate retainer is signed by the attorney and the client. Viewing of this web site does not constitute the provision of legal advice and no attorney-client relationship is created by viewing or responding to this website. The information displayed on this web site is intended for viewers in California.

The information in this web site is published to inform our clients and friends about current issues of importance in the field of family law. The articles presented in this web site should be viewed only as a summary of each topic and not be construed as legal advice. Legal counsel should be sought for the answers to specific legal questions. This website is a communication concerning the firm’s  availability for professional employment within the meaning of California Rule of Professional Conduct 1-400(A).

Rules governing our practice before the Internal Revenue Service require that we advise you that any tax advice on this website (i) is information only and not to be relied on and (ii) is not written with the intent that it be used, and in fact it cannot be used, to avoid penalties imposed under the Internal Revenue Code or to promote, market, or recommend to another person any tax-related idea.