Marital property is divided either by divorcing spouses or the courts when a marriage ends. California generally treats whatever people obtain and earn during a marriage as community property. Regardless of who earned or acquired those resources, both spouses usually...
Marriage means sharing a life with a spouse, which typically means sharing financial resources and income. Under the community property laws in California, spouses generally share income and property with one another unless they sign a written contract imposing...
Property division is a judicial division of property rights and obligations between spouses during divorce. Deciding who gets to keep the dining room table, the collection of old records, or more importantly, the house, is no easy feat. Determining who will keep the family home can be on of the most difficult decisions in a divorce. A house typically holds more…
When you marry a person, you’d like to think that your bond is forged on honesty and integrity. Unfortunately, divorce can bring out the very worst in some people. If you are going through a divorce and you suspect that your spouse is hiding assets that should be divided and split among you, you may not know where to turn, especially if…
Carlsbad, CA – If you’re anxious to get your divorce finalized, remember that the devil is in the details. Don’t let common mistakes cause unnecessary delays. The court clerk will return your court forms without filing them if you omit a required form or fail to complete all required information on a form, according to the California Courts website. It…
San Diego, CA – A major objective of any divorce is to divide assets and debts between the two parties. Both spouses must then be forthcoming when it comes to disclosing the assets that are to be divided. This becomes problematic when one spouse isn’t quite as honest as the other. If you suspect that your spouse is hiding property, money or other…
Marital Settlement Agreements Normally Require Full Disclosure of Assets The divorce process in California requires that both parties exchange statements signed under penalty of perjury which set forth the marital property subject to division. These documents are commonly referred to as Preliminary Declarations of Disclosure or “PDOD’s.” In fact, a divorce case cannot and will not go forward until this…
The easiest way to divide assets in a divorce is to split them in half. Wife gets half the money in the bank and Husband gets the other half. Wife gets her car and Husband gets his. When it comes to the house, things can get a little complex. Obviously, a house cannot be split in half like a bank…