Dividing property is one of the most important aspects of any divorce, and it can be one of the most difficult. California is a community property state, which means that all assets and debts acquired during the marriage are considered to be owned equally by both spouses. This includes income, savings, houses, cars, furniture, and anything else of value.
Some couples are able to come to an agreement on their own about who will get what, but many others need help from a mediator or lawyer. If you can’t agree on how to divide your property, the court will do it for you.
It’s important to understand the difference between community property and separate property before getting divorced in California. Community property is all property that was acquired during the marriage, while separate property is anything that was owned before the marriage or was inherited or gifted to one spouse alone.
Generally, community property will be split evenly between the spouses, while separate property will remain with the original owner. However, there are some exceptions to this general rule, and it’s important to speak with an attorney if you have any questions about how your assets will be divided.
Debts are also divided equally between divorcing spouses in California. This includes both joint debts (such as a mortgage or car loan) and individual debts (such as credit card debt).
How Long Do I Have to Be Married To Get Half Of Everything?
There is no waiting period in California, which means that you are entitled to half of all assets and debts accumulated during the marriage as soon as you file for divorce. This can be a difficult pill to swallow for many people, but it is the law.
If you need help dividing your assets and debts, or if you have any questions about your rights during divorce, please contact our office. We are here to help.
Can a Divorce Attorney Make the Most Of My Situation?
When couples get divorced, they often have a lot of questions about how their lives will change. For many people, the most important question is how will the divorce affect me financially? This is a difficult question to answer without knowing more about your specific situation, but our law firm can help you understand your options.
We can help you negotiate a fair settlement with your ex-spouse, or we can take your case to court and fight for what you deserve. No matter what route you choose, our attorneys will work tirelessly on your behalf.
If you are considering divorce in California, please contact us for a free consultation. We can answer all of your questions and help you get started on the path to a new life.
Do I Need to Hire a Divorce Attorney?
The answer to this question depends on many factors, including the complexity of your divorce and the number of assets you have. In general, hiring a lawyer can be extremely beneficial.
At our law firm, we offer a free consultation so that you can learn more about your rights and options before making any decisions. We understand that this is a difficult time for you, and we will take the time to answer all of your questions.
Reach out to our fathers’ rights law office today to get the support you need by calling (951) 223-1058.