We have written many times on this blog that California follows the “community property” model of asset division in divorce. Stated simply, this means that most assets acquired by either spouse during the marriage are considered community property (jointly owned) and are subject...
California state law gives both spouses an interest in shared community property. Even when one spouse earns more than the other, the household income earned during the marriage is usually marital property that the couple will have to divide. The same is true...
You started the company that you own with the intention of supporting your family. You never anticipated that your relationship with your spouse would reach a point where divorce seems like a real possibility. However, that is your current situation. You run and...
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