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California Summary Dissolution of Marriage Package with No Children -...

Ca Dissolution Form Llc

Category:

Family Law - Divorce - No Children

State:

California

Control #:

CA-008A-D

Format:

Instant download

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Description

The Ca dissolution form llc is an essential document for individuals seeking to dissolve an LLC in California. This form allows business owners to legally terminate their limited liability company, ensuring all obligations, including debts and taxes, are resolved. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants navigating the dissolution process. The form includes clear instructions on completion, emphasizing the need for proper documentation and filing with the appropriate court. Key features include a checklist of required forms, such as the Joint Petition for Summary Dissolution and Financial Information Worksheets, which must be completed collaboratively by the parties involved. Users must also adhere to residency requirements and agree on property distribution prior to filing. The document provides a straightforward pathway for formally noting the end of the business relationship, allowing parties to move on without lingering legal obligations. Clear guidance on the waiting period and revocation options adds to the form's practical utility.

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How to fill out California Summary Dissolution Of Marriage Package With No Children - Divorce?

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FAQ

To fully dissolve your LLC, you must complete the CA dissolution form LLC and file it with the state. This includes settling all debts, notifying creditors, and distributing remaining assets among members. It’s crucial to ensure all steps are followed correctly to avoid any future liabilities. Using US Legal Forms can provide the necessary guidance to ensure a complete and effective dissolution.

The easiest way to dissolve an LLC is to use the CA dissolution form LLC through a reliable service. With platforms like US Legal Forms, you can access the necessary documents and guidance to simplify the process. They provide step-by-step instructions and support, making it easier for you to complete the dissolution without hassle.

Dissolving an LLC in California involves several steps. First, hold a meeting to agree on the dissolution. Next, complete the CA dissolution form LLC and file it with the Secretary of State. Finally, settle any remaining debts and distribute assets among members. Following these steps carefully ensures a smooth dissolution process.

To dissolve your California LLC, you first need to complete the CA dissolution form LLC. This form must be filed with the California Secretary of State, along with any required fees. Additionally, you should notify any creditors and settle outstanding debts before the dissolution process. Using platforms like US Legal Forms can streamline this process and ensure you have the correct documents.

Dissolving your LLC is often a better choice than leaving it inactive. An inactive LLC can still incur fees and taxes, which can lead to unwanted financial burdens. By completing the CA dissolution form LLC, you officially terminate your business, preventing future liabilities. Consider your specific situation and consult with a professional to make the best decision.

To officially close an LLC, you need to complete the necessary paperwork, including the CA dissolution form LLC. First, ensure all debts are settled and assets are distributed. Then, file the dissolution documents with the California Secretary of State. Using platforms like USLegalForms can simplify this process, helping you access the correct forms and ensuring compliance.

While both words are concerned with the end of a business partnership, dissolution refers to the process itself, and usually to the departure (or death) of one or more individuals from the entity, while termination refers to the cessation of all operations, including the disposal of all assets.

Once the decision to dissolve has been made and documented, the LLC must file a Certificate of Dissolution (Form LLC-3) and Certificate of Cancellation (Form LLC-4/7) with the California Secretary of State. However, if all the members vote to dissolve, only a Certificate of Cancellation is required.

Although some people confuse dissolution and termination, dissolution does not terminate an LLC's existence. What it does is change the purpose of its existence. Instead of conducting whatever business it conducted before, a dissolved LLC exists solely for the purpose of winding up and liquidating.

The Certificate of Dissolution puts all on notice that the LLC has elected to wind up the business of the LLC and is in the process of paying liabilities and distributing assets. In order to terminate the LLC, the LLC also must file a Certificate of Cancellation (Form LLC-4/7).

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California Summary Dissolution of Marriage Package with No Children - Divorce

Divorce - State Law Summary - California

Notes: This summary is not intended to be an all inclusive summary of the law in California but does contain basic and other provisions.

Grounds

A divorce in the State of California is called a dissolution of marriage. California law allows for dissolution of marriage based upon irreconcilable differences and incurable insanity. Irreconcilable differences are statutorily defined as those differences determined by the court to be substantial reasons for not continuing the marriage and which make it appear that the marriage should be dissolved. For a decree of dissolution of marriage to be granted based upon incurable insanity, proof must be presented to the court that at the time the petition was filed, the insane spouse was, and still is, incurably insane. 2310

Residency Requirements

At least one of the parties to the dissolution action in California must have been a resident of the state for at least six months prior to the filing of the action and a resident of the county in which the action is filed for at least three months prior to the action being filed. 2320

Name of court and title of action/parties

An action for dissolution of marriage in the State of California is filed in Superior Court. The title of the action initiating the dissolution is a Petition for Dissolution of Marriage, while the title of the action granting the dissolution is referred to as a Final Judgment of Dissolution of Marriage. The party who initiates the proceeding is called the Petitioner, while the other party is referred to as the Responent. 2330

Waiting Period

No judgement of divorce is final until six months have elapsed from the date the the respondent was served with a copy of the summons and petition or the date of appearance of the respondent, whichever comes first. 2339

Reconcilliation Continuance

If upon filing of the divorce action it appears that there is a reasonable chance that the parties may reconcile, the court shall order a continuance of the proceeding for a period not to exceed thirty days. 2334

Summary Dissolution of Marriage

A summary dissolution of marriage proceeding is begun by the filing of a joint petition signed by both the husband and wife stating that all of the requirements for summary dissolution have been met, providing the mailing address of both husband and wife, and a statement of whether or not the wife desires to have her former name restored.

To qualify for a summary dissolution, all of the following conditions must exist at the time of filing:

1. At least one of the parties to the action must have been a resident of the state for six months prior to filing for divorce, and a resident of the county in which the action is filed for three months prior to the filing of divorce.
2. Irreconcilable differences have cause an irremedial breakdown of the marriage and the marriage should be dissolved.
3. The parties to the action have no children born prior to or during the marriage, have not adopted any children during the marriage, and the wife, to her knowledge, is not pregnant.
4. At the time the petition is filed, the marriage is not more than five years in duration.
5. Neither party has any interest in any real property, wherever situated, with the exception of a lease of residence, which must terminate within one year of the date of filing of the petition and must not include an option to purchase.
6. There may not be more than four thousand dollars ($4,000) in upaid obligations incurred by either or both spouses after the date of marriage, excluding amounts owed for automobiles.
7.(a) The total fair market value of the community property assets is less than twenty-five thousand dollars ($25,000), excluding all encumbrances and automobiles and including any deferred compensation/retirement plans, and;
(b)neither party has separate property assets in excess of twenty-five thousand dollars ($25,000), excluding all encumbrances and automobiles.
8. The parties have executed an agreement setting forth the division of assets and liabilities and have executed all documents necessary to effectuate the agreement.
9. The parties waive any right to spousal support.
10. The parties, upon entry of judgment of divorce, irrevocably waive their rights to appeal and for a new trial.
11. The parties have read and understand the summary dissolution of marriage brochure provided by the county clerk.
12. The parties desire that the court dissolve their marriage. 2400

Legal separation

A judgment of legal separation may be obtained in the State of California on the same grounds as those permitted for an action of dissolution of marriage. 2310

Alimony

The courts in the State of California may award support to either spouse, without regard to marital misconduct. The goal in awarding spousal support is to help the spouse receiving alimony to become self-supporting within a reasonable time. Generally, the courts consider one-half the length of the marriage to be a reasonable time for a spouse to become self-supporting. Factors the court will consider in determining the length and amount of an award of spousal support include:

1. The marketable skills of the supported spouse;
2. The extent to which the supported spouse's present or future earning capacity has been impaired due to duties of the marriage;
3. The extent that the supported spouse contributed to the earning capacity of the supporting spouse;
4. The ability of the supporting spouse to pay;
5. The needs of each party;
6. The obligations and assets of each party;
7. The duration of the marriage;

8. The age and health of the parties;
9. Any other factors the court deems are equitable and just. 4320

Distribution of property

The courts in California will divide the community property of the parties equally after setting aside to each spouse that spouse's separate property. Community property is presumed to be all property aquired by the parties during the marriage and held in joint form. This presumption may be rebutted by a clear statement in the title by which property is acquired that the property is separate and not community property or by proof that the parties have a written agreement that the property is separate property. 2550

Child custody

The court will determine the issue of custody based upon the best interests of the child. In determining the best interests of the child, the courts will consider the following:

1. The health, safety and welfare of the child;
2. Any history of abuse by a parent;
3. The nature and amount of contact by both parents;
4. Any history of substance abuse;
5. The wishes of the child.

There is a presumption that joint custody is in the best interests of the child. If the court awards joint custody, the court shall specify the rights of each parent to physical control of the child. The court shall grant reasonable visitation to the non-custodial parent unless it can be shown that such visitation is not in the child's best interests. Each parent shall also have equal access to records of the child, including, but not limited to, medical, dental, and schooling. 3011

Mediation

If it appears on the face of the petition that custody is a contested issue, the court shall order mediation to assist the parties in settlement of those contested issues, and to assist in the development of an agreement that assures the child of close and continuing contact with each parent. 3170

Child support

Either or both parties may be ordered to pay an amount reasonable and necessary for the support of any minor children of the marriage. The State of California has enacted child support guidelines which establish the presumptive correct amount of child support due. Deviation from the guidelines requires the court to state in writing why the application of the guidelines would be unreasonable or unjust, and:

1. The amount of support that would have been ordered under the guidelines;
2. The reasons for the deviation;
3. The reasons the support ordered is in the bests interests of the child. 4056

Name change

Upon request in a proceeding for dissolution of marriage, the court may restore a party to their former or birth name. 2080

California Summary Dissolution of Marriage Package with No Children - Divorce

Divorce - State Law Summary - California

Notes: This summary is not intended to be an all inclusive summary of the law in California but does contain basic and other provisions.

Grounds

Residency Requirements

Name of court and title of action/parties

Waiting Period

Reconcilliation Continuance

Summary Dissolution of Marriage

To qualify for a summary dissolution, all of the following conditions must exist at the time of filing:

Legal separation

A judgment of legal separation may be obtained in the State of California on the same grounds as those permitted for an action of dissolution of marriage. 2310

Alimony

Distribution of property

Child custody

The court will determine the issue of custody based upon the best interests of the child. In determining the best interests of the child, the courts will consider the following:

Mediation

Child support

1. The amount of support that would have been ordered under the guidelines;
2. The reasons for the deviation;
3. The reasons the support ordered is in the bests interests of the child. 4056

Name change

Upon request in a proceeding for dissolution of marriage, the court may restore a party to their former or birth name. 2080

Ca Dissolution Form Llc

Description

Related forms

Viewed forms

How to fill out California Summary Dissolution Of Marriage Package With No Children - Divorce?

Divorce Package

Form popularity

FAQ

How do I fully dissolve my LLC?

What is the easiest way to dissolve an LLC?

How to dissolve an LLC in California step by step?

How do I dissolve my California LLC?

Should I dissolve my LLC or leave it as inactive?

How do you officially close an LLC?

What is the difference between dissolved and terminated LLC?

How do I dissolve an LLC partnership in California?

What is the difference between dissolution and termination of LLC in California?

What form do I fill out to dissolve an LLC in California?

Trusted and secure by over 3 million people of the world’s leading companies

Ca Dissolution Form Llc

Description

Related forms

Viewed forms

How to fill out California Summary Dissolution Of Marriage Package With No Children - Divorce?

Divorce Package

Form popularity

FAQ

How do I fully dissolve my LLC?

What is the easiest way to dissolve an LLC?

How to dissolve an LLC in California step by step?

How do I dissolve my California LLC?

Should I dissolve my LLC or leave it as inactive?

How do you officially close an LLC?

What is the difference between dissolved and terminated LLC?

How do I dissolve an LLC partnership in California?

What is the difference between dissolution and termination of LLC in California?

What form do I fill out to dissolve an LLC in California?

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