Monday, October 8, 2018
Family Financial Disputes
By Allison Harvey, Attorney, A. L. Harvey Law
Arguing over money is complicated, stressful, and at times saddening. However, family financial disputes do happen whether or not it is under your control. Below, we discuss the top reasons families may have a dispute over finances and when an attorney's assistance or intervention is necessary.
Divorce & Spousal Support - When a couple divorces, one of the top concerns is how their assets will be divided and if spousal support will be awarded. It is possible that divorce proceedings will be prolonged due to parties arguing about what he/ she brought into the marriage financially and what is communal property. It can also turn into a major dispute if the parties disagree on the spousal support payment amount and what standard of living they maintained during the marriage. If parties can agree they can create a marital settlement agreement and resolve their disputes outside of court.
Child Support - If you're a parent, you're legally obligated to support your child financially, whether you're married, separated or divorced from the child's other parent. The custodial parent is required to pay for the child's needs directly, and the noncustodial parent is required to make child support payments. Even though it this is the law, this does not stop some individuals in disputing child support payments. If a couple is unable to agree on a fair child support payment outside of court, then a family law attorney's assistance is necessary, whether just for mediation or to the extreme of family court.
Death in the Family & Inheritances - When there is a death in the family, it is an emotionally tolling time, but it is also an opportunity for a family financial dispute to arise if there were no financial, life-planning decisions made prior to the death. If one dies without a will or trust, money and property will be distributed according to California law. This is why we recommend that all individuals create a very detailed estate plan, a document that designates who will receive your assets upon your death, so there can be no dispute between family members, such as who will inherit the assets or how they will be divided.
Incapacitated Family Member - When a family member is unable to make financial decisions for himself/ herself due to being incapacitated, financial disputes among other family members can easily arise. We recommend estate planning, specifically creating a Power of Attorney document to provide an authorized individual with the power to manage your financial affairs if you are incapacitated and can't do it yourself. This leaves little room for family financial disputes to arise given sickness, injury or disability.
This article is made available by both the lawyer or law firm is for educational purposes and only to give you general information and a general understanding of the law, not to provide specific legal advice. By using article you understand that there is no attorney-client relationship between you and the lawyer or law firm. The article should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
Arguing over money is complicated, stressful, and at times saddening. However, family financial disputes do happen whether or not it is under your control. Below, we discuss the top reasons families may have a dispute over finances and when an attorney's assistance or intervention is necessary.
Divorce & Spousal Support - When a couple divorces, one of the top concerns is how their assets will be divided and if spousal support will be awarded. It is possible that divorce proceedings will be prolonged due to parties arguing about what he/ she brought into the marriage financially and what is communal property. It can also turn into a major dispute if the parties disagree on the spousal support payment amount and what standard of living they maintained during the marriage. If parties can agree they can create a marital settlement agreement and resolve their disputes outside of court.
Child Support - If you're a parent, you're legally obligated to support your child financially, whether you're married, separated or divorced from the child's other parent. The custodial parent is required to pay for the child's needs directly, and the noncustodial parent is required to make child support payments. Even though it this is the law, this does not stop some individuals in disputing child support payments. If a couple is unable to agree on a fair child support payment outside of court, then a family law attorney's assistance is necessary, whether just for mediation or to the extreme of family court.
Death in the Family & Inheritances - When there is a death in the family, it is an emotionally tolling time, but it is also an opportunity for a family financial dispute to arise if there were no financial, life-planning decisions made prior to the death. If one dies without a will or trust, money and property will be distributed according to California law. This is why we recommend that all individuals create a very detailed estate plan, a document that designates who will receive your assets upon your death, so there can be no dispute between family members, such as who will inherit the assets or how they will be divided.
Incapacitated Family Member - When a family member is unable to make financial decisions for himself/ herself due to being incapacitated, financial disputes among other family members can easily arise. We recommend estate planning, specifically creating a Power of Attorney document to provide an authorized individual with the power to manage your financial affairs if you are incapacitated and can't do it yourself. This leaves little room for family financial disputes to arise given sickness, injury or disability.
This article is made available by both the lawyer or law firm is for educational purposes and only to give you general information and a general understanding of the law, not to provide specific legal advice. By using article you understand that there is no attorney-client relationship between you and the lawyer or law firm. The article should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
Recipe - Cream of Pumpkin Soup
From Christine Schlittenhart’s Kitchen
INGREDIENTS:
1 cup chopped white or yellow onion
2 tablespoons butter, melted
2 (14.5) ounce cans of chicken broth
1 (15) ounce can pumpkin puree
¼ cup packed brown sugar
1/2 teaspoon salt
1/2 teaspoon ground cinnamon
1/2 teaspoon ground ginger
1/8 teaspoon ground black pepper
Pinch of cayenne pepper
1 cup heavy whipping cream
DIRECTIONS:
1. Sauté onion in butter in a medium saucepan until tender. Add 1 can chicken broth; stir well. Bring to a boil; cover, reduce heat, and simmer 15 minutes. Transfer cooled broth mixture into the container of a blender or processor. Process until smooth.
2. Return mixture to saucepan. Add remaining can of broth, pumpkin, brown sugar, salt, ground cinnamon, ground ginger, ground pepper & cayenne; stir well. Bring to a boil; cover, reduce heat, and simmer 10 minutes more, stirring occasionally.
3. Stir in whipping cream and heat through. Do not boil. Ladle into individual soup bowls.
INGREDIENTS:
1 cup chopped white or yellow onion
2 tablespoons butter, melted
2 (14.5) ounce cans of chicken broth
1 (15) ounce can pumpkin puree
¼ cup packed brown sugar
1/2 teaspoon salt
1/2 teaspoon ground cinnamon
1/2 teaspoon ground ginger
1/8 teaspoon ground black pepper
Pinch of cayenne pepper
1 cup heavy whipping cream
DIRECTIONS:
1. Sauté onion in butter in a medium saucepan until tender. Add 1 can chicken broth; stir well. Bring to a boil; cover, reduce heat, and simmer 15 minutes. Transfer cooled broth mixture into the container of a blender or processor. Process until smooth.
2. Return mixture to saucepan. Add remaining can of broth, pumpkin, brown sugar, salt, ground cinnamon, ground ginger, ground pepper & cayenne; stir well. Bring to a boil; cover, reduce heat, and simmer 10 minutes more, stirring occasionally.
3. Stir in whipping cream and heat through. Do not boil. Ladle into individual soup bowls.
From the Meadow Vista Friendly Neighbors
Submitted by Judith Whitman, MV Friendly Neighbors
The Meadow Vista Friendly Neighbors participated in the PHEF BBQ on August 25, 2018 by serving the delicious barbequed chicken, tri-tip, and sides prepared by the Meadow Vista Lions Club. Our community turned out in droves – it was wonderful to see such great support for our schools. Thanks Meadow Vista!!
At our meeting on August 25, 2018, we were honored to receive a presentation by Janine Dexter, the Director of the After-School Community Music Program in Meadow Vista. Ms. Dexter explained how vital this program is for our youngsters because music education in grades K through 8 has been eliminated and students who want to participate in high school band must have some preliminary music education in order to do so. The music program is open to all students in the Meadow Vista area and is offered at no cost to the students. The facilities for the program are provided by the Faith Lutheran Church but the program is not affiliated with the church or with any other religious organization. We are grateful for the hard work and dedication Ms. Dexter brings to this endeavor.
We are now gearing up for our most important project of the year – the Christmas Basket food and toy program. There will be food drives at our local schools, a toy drive at Wells Fargo Bank and requests for monetary gifts to support this program. We hope our entire community will find a way to get involved in this effort. We will be assembling the food boxes on the evening of Friday, December 14, 2018. Mark your calendar to save the date as this is always a fun event and every member of our community is warmly invited to participate as we fill the boxes full of healthy, nutritious food for members of our community who need a helping hand.
Our October meeting will be on October 24, 2018 also at the Faith Lutheran Church with social time at 11:30 and lunch at Noon.
Community members interested in learning more about the worthy work we do are invited and encouraged to attend our meetings which are held on the fourth Wednesday of each month. We will enthusiastically welcome each of you to join us as we serve our wonderful community. If you would like to participate in the many projects we sponsor but are not able to attend all (or any) of our week-day meetings, you are still very welcome to become a member and lend a hand when you can. Please visit our website (noted below) and let us know if we can send you a membership invitation. We would love to have you join us!
The Meadow Vista Friendly Neighbors Club, www.meadowvistafriendlyneighbors.com
The Meadow Vista Friendly Neighbors participated in the PHEF BBQ on August 25, 2018 by serving the delicious barbequed chicken, tri-tip, and sides prepared by the Meadow Vista Lions Club. Our community turned out in droves – it was wonderful to see such great support for our schools. Thanks Meadow Vista!!
At our meeting on August 25, 2018, we were honored to receive a presentation by Janine Dexter, the Director of the After-School Community Music Program in Meadow Vista. Ms. Dexter explained how vital this program is for our youngsters because music education in grades K through 8 has been eliminated and students who want to participate in high school band must have some preliminary music education in order to do so. The music program is open to all students in the Meadow Vista area and is offered at no cost to the students. The facilities for the program are provided by the Faith Lutheran Church but the program is not affiliated with the church or with any other religious organization. We are grateful for the hard work and dedication Ms. Dexter brings to this endeavor.
We are now gearing up for our most important project of the year – the Christmas Basket food and toy program. There will be food drives at our local schools, a toy drive at Wells Fargo Bank and requests for monetary gifts to support this program. We hope our entire community will find a way to get involved in this effort. We will be assembling the food boxes on the evening of Friday, December 14, 2018. Mark your calendar to save the date as this is always a fun event and every member of our community is warmly invited to participate as we fill the boxes full of healthy, nutritious food for members of our community who need a helping hand.
Our October meeting will be on October 24, 2018 also at the Faith Lutheran Church with social time at 11:30 and lunch at Noon.
Community members interested in learning more about the worthy work we do are invited and encouraged to attend our meetings which are held on the fourth Wednesday of each month. We will enthusiastically welcome each of you to join us as we serve our wonderful community. If you would like to participate in the many projects we sponsor but are not able to attend all (or any) of our week-day meetings, you are still very welcome to become a member and lend a hand when you can. Please visit our website (noted below) and let us know if we can send you a membership invitation. We would love to have you join us!
The Meadow Vista Friendly Neighbors Club, www.meadowvistafriendlyneighbors.com
Real Estate Report
By Fred Eichenhofer, Sierra Pacific Real Estate
A quick over view of the real estate market in Meadow Vista, obtaining data from Metrolist our Multiple Listing Service.
I receive a newsletter that tracks real estate in the Southern California area but he states it reflects the whole state of California. In his latest news letter he feels the market is still good for the next 3 to 6 months, but feels the market has slowed down, and prices are not going up at the rate in the past. Our Multiple Listing service is showing more price reductions now than in the past, which indicates to me the real estate market has reached a plateau for now, and the rate of sales has also slowed. Is this a lull in the market or does this indicate a new trend, only time will tell.
As of September 21st 2018 there are 26 active listings ranging in price from $364,950 to $2,990,000, for an average listing price of $1,039,994. The average price per square foot is $289.37, the low is $364,950, the Median is $887,450, and the high is $2,999,000. There are 2 listings that have an active release clause, they range in price from $499,950 to $525,000. The average cumulative days on the market are 133 days for the actives. The average cumulative days on the market for the listings with active release clauses are 25 days.
There are currently 2 pending escrows. The High is $839,000, the Median is $587,000 the low is $335,000, and the average is $607,000. The average price per square foot is $219, and average time on the market is 32 days. One pending listing with bring back up offers is listed at $289,000, with an average time on the market of 57 days.
From March 25, 2018 to September 21, 2018 there have been 59 sold homes in Meadow Vista ranging in price from $290,000 to $1,200,000 with a cumulative average time on the market of 46 days, and an average price per square foot of $270. The average square foot of the sold listings are 2,284 square feet.
The market has changed but I feel that if you are planning or thinking of selling, now is still be a good time to put your home on the market, and if priced appropriately will sell relative quickly.
A quick over view of the real estate market in Meadow Vista, obtaining data from Metrolist our Multiple Listing Service.
I receive a newsletter that tracks real estate in the Southern California area but he states it reflects the whole state of California. In his latest news letter he feels the market is still good for the next 3 to 6 months, but feels the market has slowed down, and prices are not going up at the rate in the past. Our Multiple Listing service is showing more price reductions now than in the past, which indicates to me the real estate market has reached a plateau for now, and the rate of sales has also slowed. Is this a lull in the market or does this indicate a new trend, only time will tell.
As of September 21st 2018 there are 26 active listings ranging in price from $364,950 to $2,990,000, for an average listing price of $1,039,994. The average price per square foot is $289.37, the low is $364,950, the Median is $887,450, and the high is $2,999,000. There are 2 listings that have an active release clause, they range in price from $499,950 to $525,000. The average cumulative days on the market are 133 days for the actives. The average cumulative days on the market for the listings with active release clauses are 25 days.
There are currently 2 pending escrows. The High is $839,000, the Median is $587,000 the low is $335,000, and the average is $607,000. The average price per square foot is $219, and average time on the market is 32 days. One pending listing with bring back up offers is listed at $289,000, with an average time on the market of 57 days.
From March 25, 2018 to September 21, 2018 there have been 59 sold homes in Meadow Vista ranging in price from $290,000 to $1,200,000 with a cumulative average time on the market of 46 days, and an average price per square foot of $270. The average square foot of the sold listings are 2,284 square feet.
The market has changed but I feel that if you are planning or thinking of selling, now is still be a good time to put your home on the market, and if priced appropriately will sell relative quickly.
Local Business Award
By Craig Forrey, Auburn Public Cemetery District
While attending the annual Public Cemetery Alliance meeting in Grass Valley this past August, the Auburn Public Cemetery District walked away as recipient of the 2018 “Cemetery of The Year”. This award is voted on by fellow members of the Public Cemetery Alliance which includes around 80 Cemetery Districts from all over California. It is based on transparency, operations and appearance of the grounds and is an amazing team award and I couldn’t be prouder of the staff and trustees for what we have accomplished over this last year.
Customer service, maintaining the beauty of both cemeteries and providing future generations with dignified burial grounds will continue to be our primary focus.
While attending the annual Public Cemetery Alliance meeting in Grass Valley this past August, the Auburn Public Cemetery District walked away as recipient of the 2018 “Cemetery of The Year”. This award is voted on by fellow members of the Public Cemetery Alliance which includes around 80 Cemetery Districts from all over California. It is based on transparency, operations and appearance of the grounds and is an amazing team award and I couldn’t be prouder of the staff and trustees for what we have accomplished over this last year.
Customer service, maintaining the beauty of both cemeteries and providing future generations with dignified burial grounds will continue to be our primary focus.
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