16 April 2011 0 Comments

Dividing the property

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California is a community property state; your property will be divided equally between you and your spouse.

California law defines community property as, “Any asset acquired or income earned by a married person while living with his or her spouse”.  Unless an agreement was made prior to the marriage, such as a prenuptial agreement, the community estate will be divided equally.  The law says the net value of the assets received by each spouse must be equal. 

Separate property, or property acquired before the marriage, does not apply to this rule.

If you are heading for divorce and need help with how to divide your property, contact an experienced Riverside Family Law attorney who will protect your rights and help you build a foundation for a new future.

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