Recent Posts by NDLLP

The Basics of California Alimony or Spousal Support

Alimony, also known as spousal support, is a monthly or lump-sum payment, determined by the courts or by mutual agreement, made by one spouse to the other after they separate.  Because couples typically share resources during marriage, alimony is meant to correct inequalities in financial circumstances post-separation.   The amount one receives in spousal support…
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California Prenuptial Agreements: Should You Get A Prenup?

  Most couples rightfully believe their marriage is the “happily ever after” sort.  However, their odds are only 50/50, because about half of marriages end in divorce.  This rate is even higher for subsequent marriages.   With these facts in mind, fiancés should consider whether a prenuptial agreement, also known as a premarital agreement or…
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Termination vs Dissolution: Ending a Domestic Partnership in California

In California, domestic partners wishing to end their legal relationship have several options.  Understanding what each entails will help couples end their partnership with as little resistance as possible. Here, we will discuss two common routes domestic partners may follow: termination and dissolution.   Ending a Domestic Partnership with a Notice of Termination of Domestic…
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Choosing The Right Business Structure

The business structure you choose will affect the amount of taxes you pay, how you can raise capital (i.e. shareholders and sale of stock), the legal paperwork you need to file, your personal exposure to risk, and the regulations you must follow.   There are four common types of business entities: sole proprietorship, partnership, corporation,…
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