Tag Archives: Community Property California Attorney

How You Could End Up With Your Ex’s Debt

Many people are unaware of the fact that even after divorce, they can end up being responsible for their ex’s debt. Most couples join accounts when getting married. There may be no debt in the joint account when you divorce, but even after getting a divorce, if you don’t take your name off of the…
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Date(s) of Separation

Believe it or not, couples undergoing divorce sometimes disagree over their date of separation. Now, you may be asking 1) how can people not know the date they were separated, and 2) why does the date of separation even matter? The answer to the first question is that a date of separation is not an…
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The Economy and Divorce

Amidst decreasing home values, a seemingly stagnant unemployment rate, and cuts in government services, couples undergoing divorce must still divide property, and decide over custody of the children. However, the recession has affected how couples view their various assets to be divided in curious ways. Due to plummeting property values, many couples now owe more…
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Russell Brand and Katy Perry Divorce

Russell Brand and Katy Perry will need to follow the Divorce Laws of California. The Law in California regarding divorces require the two parties to divide the assets 50/50 as well as the debts. The party who earns more money has the most to lose. Katy Perry has a higher income than Russell Brand. Katy…
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What is a Prenuptial agreement?

A prenuptial agreement is an option that one should consider before getting married. The prenuptial agreement will allow the parties to keep their property separate. Normally, in a marriage the couple must split the community property 50/50. This is a way to protect what you own so that you don't lose it in a divorce. …
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Celebrity Divorces

One of the hot topics in the media in the past month is the divorce between Ashton Kutcher and Demi Moore. These two were married for six years and have been in the media spotlight. Ashton Kutcher known for movies such as the Guardian and a popular show you may have heard of That 70's…
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Orange County California Experienced Community Property Division Attorney

California is a community property state. Community property plays an important part in property distribution in a legal separation or marital dissolution; the law overseeing community property can be complicated. Community property normally comprises of the assets and debts obtained by spouses throughout the marriage without regards to the income or contributions of individual spouses.…
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Commingling

Commingling is a term used for when a person's separate property, such as a personal inheritance, is placed in the same account or used to buy something as the community property such as earnings from the marriage or domestic partnership. For example, a common occurrence is when one person uses money from the sale of house prior to the…
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After an Annulment

After an annulment in California what happens?  If your marriage or registered domestic partnership has been annulled, then that means that the relationship was never valid and you might not have certain rights and obligations available to you as you would if you were legally separated or divorced. [caption id="attachment_9141" align="alignleft" width="300"] After an annulment…
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Divorce or Separation in Orange County: Understanding Community Property

Community property usually means everything that the spouses or domestic partners own together. This means everything that you bought or got while you were together in marriage or a domestic partnership — including debt — that is not a gift or inheritance. Community property also includes all the earnings that either spouse or partner (or both of you)…
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