Tag Archives: community property division

Is My Spouse Entitled to 50 Percent of My Assets in a Divorce in Orange County?

Community Property Division FAQ:  I have high assets in Orange County California; Is My Spouse Entitled to 50 Percent of My Assets since we live in a community state? Is My Spouse Entitled to 50 Percent of My Assets in a Divorce in Orange County? The process of dividing property and debts in a California…
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Date of valuation of community property

A significant factor in community property division in a dissolution/legal separation or domestic relations partnership is the date of valuation for the parties’ assets and debts. CALIFORNIA FAMILY CODE§ 2552, states that: (a) For the purpose of division of the community estate upon dissolution of marriage or legal separation of the parties, except as provided…
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