Divorce can be a difficult time for all involved. Coming in behind child custody and alimony issues is deciding on who gets what from the marriage.
California is a community property state, which means that all community property will be divided equally in a divorce. Community property includes:
· Real estate
· Vehicles – cars, boats
· Furniture, collectables
· Retirement assets
· Credit card debt
· Mortgage
Something to remember – not all property is community property. Separate property includes property, gifts, inheritances or pension proceeds you owned, received or vested before the marriage took place.
If you have questions regarding division of marital property, contact an experienced Orange County Divorce attorney who can provide you with a straightforward assessment of the issues and the potential outcome in your divorce. This will allow you to understand your options and make informed decisions so you can move on with your lives.
