California is a community property state. All real and personal property
acquired during the marriage is presumed to be part of the
community estate. So are most debts. Unless you and your spouse agree
otherwise, community property assets and debts are typically
divided equally in a divorce.
The division of property in a divorce can be complicated, especially when
community property and the separate property of a spouse or both spouses
have become comingled over the years. Determining what constitutes
community property and its value may also be complicated when the
asset is a business or the asset is an intangible such as a copyright.
For more information contact Joanne and set up an appointment.
