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LONICH PATTON EHRLICH POLICASTRI
1871 The Alameda, Suite 400, San Jose, CA 95126
Phone: (408) 553-0801 | Fax: (408) 553-0807 | Email: contact@lpeplaw.com
LONICH PATTON EHRLICH POLICASTRI
Phone: (408) 553-0801
Fax: (408) 553-0807
Email: contact@lpeplaw.com
1871 The Alameda, Suite 400
San Jose, CA 95126
Located in San Jose, Lonich Patton Ehrlich Policastri handles matters for clients in northern California, specifically San Jose and Silicon Valley. Our services are available to anyone within the following counties: Santa Clara, San Mateo, Contra Costa, Santa Cruz, Monterey, San Benito, and San Francisco. For a full listing of areas where we practice, please click here.
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Royal Engagement Illustrates the Importance of Consulting a Qualified Attorney before Marriage
/in Family Law /by Michael LonichPrince William recently announced that he and his long-time girlfriend, Kate Middleton, are engaged. The couple met nearly eight years ago while attending the University of St. Andrews in Scotland. The prince decided to propose to Middleton while on a vacation in Kenya, and he surprised her with his mother’s sapphire and diamond engagement ring.
With the announcement of the engagement, the legal field has been buzzing with discussion on whether or not the royal couple will enter into a prenuptial agreement prior to marriage. While prenuptial agreements were previously not valid in the United Kingdom, a landmark case settled earlier this year has paved the way for the prenup’s validity in England.
Prenuptial agreements have been enforceable in California for decades. In fact, a prenuptial agreement is a very effective tool for couples thinking about getting married but wishing to protect their assets. When drafted properly, these documents can help couples decide issues relating to rights and responsibilities during marriage and the division of assets upon a subsequent divorce. However, it is essential that a California prenuptial agreement be drafted by an experienced, licensed attorney to ensure it will be enforceable down the road.
For more information on prenuptial agreements, please contact us. Please remember that each individual situation is unique and results discussed in this post are not a guarantee of future results. While this post may include legal issues, it is not legal advice. Use of this site does not create an attorney-client relationship.
Sources:
ABA Journal
ABC News
Do You Need a Revocable or Irrevocable Trust?
/in Estate Planning /by Michael LonichIf you are confused about the difference between a revocable and irrevocable trust, you are not alone. In fact, they do have some similarities. For example, both revocable and irrevocable trusts allow the settlor (person putting assets in the trust) to distribute or transfer their property as provided for in the trust document.
The main difference between the two trusts is related to the settlor’s control over the trust assets. The settlor of an irrevocable trust generally gives up a large degree of control over the property that he or she transfers into the trust. In addition, the settlor may often derive tax benefits from creating an irrevocable trust.
On the other hand, a revocable trust can be canceled (revoked) at any time. However, the revocable trust often has less significant tax benefits. You may wish to create a revocable trust, regardless of any decrease in tax benefits, if you desire to maintain a large degree of control over the trust property. It is important to work with an experienced estate planning attorney to create an estate plan that fits your lifestyle and goals.
For more information about trusts, please contact us. Please remember that each individual situation is unique and results discussed in this post are not a guarantee of future results. While this post may include legal issues, it is not legal advice. Use of this site does not create an attorney-client relationship.
Less Costly Divorce Alternatives Exist in California
/in Family Law /by Mitchell EhrlichA study that came out earlier this year reported a decline in the number of divorces occurring during the recession. In 2005, the divorce rate was 17.3 percent. This number sank to 16.4 in 2009. Yet, depending on how you interpret the results, this could be both good and bad news. The good news is that there are fewer divorces which may mean that some couples may be finding ways to work through rough patches. However, the bad news is that this could also mean that couples who are badly in need of a divorce are not seeking them due to financial strain. For the article discussing the study, please click here.
Do you feel stuck in a dead-end marriage but can’t afford to get out? If so, you have many options available to you. First, it is likely a good idea to seek the advice of a qualified family law attorney. Your lawyer can help you figure out what is the best way to meet your goals. For example, your lawyer may suggest you try divorce mediation. Divorce mediation is a process of divorcing where a neutral third party helps the couple divide assets and make decisions regarding custody and other issues. Your attorney may suggest divorce mediation if the divorce has been a mutual decision and if both parties have no desire to reconcile.
If divorce mediation is not an option, your attorney may suggest filing for a legal separation. A legal separation does not legally end your marriage. Rather, it allows you and your spouse to live separately and make sole decisions about money, property, and parenting issues.
For more information about more affordable divorce alternatives please contact us. Please remember that each individual situation is unique and results discussed in this post are not a guarantee of future results. While this post may include legal issues, it is not legal advice. Use of this site does not create an attorney-client relationship.
Family and Other Close Relationships Can Impact Your Child Custody Rights
/in Family Law /by Mitchell EhrlichJust recently, the mother of a one year old boy was stripped of her custody rights after her child was shot in her own home. The boy was accidentally shot by his 19-year old uncle. The child survived and is now on the road to recovery. Meanwhile, the father has been awarded custody and the mother has visitation rights.
In the recent court decision surrounding this case, the court was hesitant to make a final award of custody to the mother due to concerns over whether Escalante is capable of protecting her son against the shooter. She contends she has had no contact with the 19 year old and has changed her phone number. In addition, Escalante has completed court required parenting classes. To see the full article go to MSNBC.
This case is a prime example of how one horrific accident that was not directly caused by a parent, can dramatically impact that parent’s custody rights. If you are in the midst of a disputed custody case, keep in mind that the outcome of the case can be affected by the type of the individuals to whom you choose to expose your children. A court will consider a variety of issues when determining custody, including fitness of each parent and the type of environment the child will experience.
For more information on how to prepare yourself for a custody battle, contact the certified family law specialists at Lonich Patton Erlich Policastri. Please remember that each individual situation is unique and results discussed in this post are not a guarantee of future results. While this post may include legal issues, it is not legal advice. Use of this site does not create an attorney-client relationship.
Automatic Temporary Restraining Orders
/in Family Law /by Julia LemonAutomatic Temporary Restraining Orders
Once a divorce or legal separation is filed, a set of Family Law Automatic Temporary Restraining Orders (ATROs) take effect. There are four standard mutual restraining orders that take effect automatically when the petition for dissolution is filed (as to the petitioner) and when the petition for dissolution is served (as to the respondent). The restraining orders restrain both parties from doing the following:
Spouses are also required to notify the other spouse of extraordinary expenditures at least five business days in advance and to account for these expenditures to the court. They are, however, allowed to use community, quasi-community, or their own separate property to pay an attorney.
It is important to speak to your attorney to determine what is within your purview to create, modify or change while your divorce or other legal action is pending.
For more information about divorce and restraining orders, please contact the divorce attorneys at Lonich Patton Erlich Policastri. Please remember that each individual situation is unique and results discussed in this post are not a guarantee of future results. While this post may include legal issues, it is not legal advice. Use of this site does not create an attorney-client relationship.