Out of all aspects of divorce, the most contentious involves marital property. From the beloved family home to six-figure retirement accounts, spouses once united by marriage are now at odds. California law explicitly divides property equally. The state is one of...
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Property Division
How a CDFA may help you in your divorce
California residents who are going through a divorce might want to consider the services of a professional known as a certified divorce financial analyst, particularly if their money situation is complex or they are worried about their financial stability after the...
Dividing assets during divorce
Divorce can be messy and emotionally taxing. One of the most challenging parts of a divorce dividing the assets that you and your spouse acquired over the years. You should understand how your divorce agreement can impact your finances and lifestyle so you can reach...
Judges can divide marital property by arbitration
Few states use the community property law implemented by California when divorces are settled. The equitable distribution process works much differently. But along with community property allocation, California judges also have the power to send a divorce case into...
How is property divided between divorcing business owners?
Owning a business with your spouse in California can be exciting. You’re partners in your marriage and in your company. However, if you end up getting a divorce, property division might impact your business. You should know how it’s divided when you and your spouse...
How is debt divided during a divorce?
If you or your spouse incurred debt before or during your marriage, you might not know what happens with that debt after you divorce. It can be a complex issue in California, but knowing what to expect may make things easier. What should you know about dividing...
How to look for and find hidden cryptocurrency
When you're going through a divorce in California, there can be a lot on the line. A divorcing couple might worry about dividing property, stocks and other important items. There's also a relatively new type of asset called cryptocurrency. Considering the newness of...
Options for handling the family house in a divorce
With divorce often being such a difficult period, there's usually controversy about who gets to keep the house. To most spouses in California, the marital home is a valuable asset. Thus, while they might benefit financially from selling the home, the process is often...
What happens to your retirement accounts during your divorce?
If you are contemplating ending your marriage, you may already know you must divide the marital estate. Because California follows a community property approach, you and your soon-to-be ex-spouse are likely to end up with a roughly equal share of everything you own....
How is community property divided in California?
Divorcing spouses in California own one-half of all property from their marriage, under the community property model. In a divorce, the California court calculates the value of the marital estate, and subsequently each person receives his or her equal share of the...