California is a community property state. Community property includes all property and debt acquired by the couple from the date of their marriage until the marital cut-off date. This includes all real estate, household goods, automobiles, boats, jewelry, etc. Property division and marital debt issues are settled by a signed Final Judgment of Dissolution of… Continue reading →
Posts Tagged ‘Community Property’
Division of property during divorce
One of the most challenging and stressful aspects of the divorce process is property division. At the end of a marriage the couple must divide property acquired during their marriage. This process can be simple or it can be complex. In California, all property acquired during the marriage becomes community property and must be divided… Continue reading →
Dividing property during a divorce
During the divorce process the couple must divide the property they acquired during the marriage. Oftentimes it is a simple process, but there are times when it is not. California is known as a community property state and is divided equally. Any property that was obtained before the marriage is considered separate property and is… Continue reading →
Inheritance and divorce
You and your spouse have decided to divorce. You know California is a community property state. What is to become with the inheritance you received from your dad? Don’t be alarmed; an inheritance received during your marriage is considered separate property. However, there are times when it can be considered marital property. One example is… Continue reading →
What is collaborative divorce mediation?
Couples who have decided to divorce and want to avoid the time-consuming and costly process of divorce litigation should look into collaborative divorce. It allows the two parties and their legal representative to work out the details of their settlement without a judge making the decisions for them. After all, a judge does not personally… Continue reading →
What to expect from a divorce
No two divorce cases are the same. Each couple comes into the divorce process with different issues, different assets, children or no children. Divorce can be very emotional and difficult. The thought of starting over, not seeing your children every day, being alone – the future is unknown. California, a community property state, divides the… Continue reading →