Parental liability refers to a parent’s obligation to pay for any damage caused by that parent’s child, including damage caused by negligent, intentional, or criminal acts. Parental liability typically lasts until the child is the age of majority, and starts when the child is 8 to 10 years old. A child’s offenses can be criminal… Continue reading →
Posts Tagged ‘liability’
Debt during Divorce- Who is Responsible?
California is a community property state- this means that all property acquired during a marriage belongs to both spouses, including assets and debt. Debt belongs to both spouses even if only one spouse signed the paperwork for the debt. However, community property law defines separate property as property acquired before marriage or after separation. So,… Continue reading →
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