It was recently reported that Tawanna Iverson, the wife of former NBA All-Star Allen Iverson, has filed for divorce after 8 1/2 years of marriage, stating the union is “irretrievably broken.” She is asking for child support, alimony, and full custody of their four children, aged from 1 1/2 to 15 years. She filed for divorce in Fulton County Superior Court, located in the state of Georgia.

Allen Iverson’s divorce can be very costly. It is not known whether the two had a prenuptial agreement prior to their marriage. Iverson earned over $200 million over his 14-year career, mainly from three major playing contracts he signed with the Philadelphia 76ers and a shoe endorsement contract he signed with Reebok.

In the state of California, marriage can be dissolved for two reasons: irreconcilable differences and incurable insanity. The latter is rarely used.

California law classifies assets in a divorce as community property or separate property. Community property is defined in California as “all property that you and your spouse acquired through labor or skill during the marriage.” Separate property is defined as, “property acquired before your marriage, including rents or profits received from these items; property received after the date of your separation with your separate earnings; inheritances that were received either before or during the marriage; and gifts to you alone, not you and your spouse.” Community property is divided between parties in divorce while separate property is not.

In the state of California, a judgment for spousal support (the term for alimony in California) is permanent if the two parties were married for ten years or more.

At Wallin & Klarich, we’ve seen just how stressful legal matters can be for our clients and their loved ones. If you or someone you love is facing divorce or family law matters in Southern California, Wallin & Klarich will be there for you. The skilled Tustin family law attorneys at Wallin & Klarich have over 30 years of experience in divorce matters and are very knowledgeable about California family law. Call 1-888-749-7428 or visit www.wklaw.com for a case evaluation. We will be there when you call.