When a couple divorces, certain kinds of community property assets, such as shared bank accounts, can be straightforward to divide. If they have built up a diversified portfolio that includes one or more rental properties, however, the question of how to fairly divide...
Month: February 2025
Dividing Property in a Divorce Involving Domestic Abuse
As a no-fault divorce state, California does not require parties to provide justification for why they want to end their marriage—it is enough that at least one spouse feels the relationship is at an end. By the same token, in general, what each party did (or did not...
How Are Joint Loans and Mortgages Handled During Property Division?
In a community property state such as California, spouses are considered to have an equal right to the assets that have been accumulated during their marriage. Similarly, they also have an equal responsibility for any debts that have been incurred in that time. If a...