DIVORCING IN CALIFORNIA? BE AWARE OF PROPERTY DIVISION LAWS

  • By Victoria S. Linder Law Office
  • 16 Aug, 2018

On behalf of Victoria S. Linder Law Office posted in Property Division on Tuesday, July 17, 2018.

There are many features that make California unique as one of 50 states in the nation. Thousands of people migrate to the West Coast to live, work or vacation, whether to enjoy the temperate climate, take up surfing as a hobby or pursue their dreams of becoming Hollywood stars. California is unique in another way as well, one that some people may be unaware of: It is one of nine states that continues to operate under community property division laws in divorce.  

Most states use equitable division rules for divorce, meaning the court determines a fair distribution of all marital assets, not necessarily meaning a 50/50 split. With community property laws, however, all marital property is divided equally between both spouses. If a prenuptial agreement exists, it may impact the property division process.  

Identifying marital assets follows basic rules. If something can be sold or purchased, and it was acquired during marriage, it is marital property. Also, things that have monetary value, such as investments, stocks, bonds, life insurance policies, etc., are also factored into the property division process in divorce.  

If a California spouse wishes to challenge a particular marital asset that the court has assumed is jointly owned as being separately owned, he or she must show evidence to substantiate the challenge. An inheritance that was intended for only one spouse would be an example of this. Spouses should also be aware that while property division is generally a 50/50 split regarding marital assets in this state, debts are divided equitably. Clarification of current property division laws can be sought through consultation with an experienced family law attorney.