What is Community Property in California?

Fear of the financial hardships brought on by divorce is one of the factors that makes people stay in unhappy marriages until they become certain that divorce is the only option. Every couple that gets a divorce must divide their community property, and not all states have the same rules about how to divide a couple’s property in a divorce. California is a community property state, which means that each spouse gets an equal share of the net value of the couple’s community property in California. You do not need a lawyer to fight for your fair share of the community property in California. By law, you are already entitled to half of it. Therefore, unless you and your spouse cannot reach an agreement about some other issue, such as child custody, there is a good chance that you can finish your divorce without a lawyer. All you need is a registered legal document assistant to prepare your divorce documents.

By |2020-06-14T10:37:20-07:00June 14th, 2020|Divorce|0 Comments

Creative Ways to Divide Property in Divorce

When a couple files for divorce, one thing that is inevitable is dividing their property. In California, the rule is that all community property assets (any income and assets acquired during the marriage) must be split 50/50. A couple could sell all of the marital assets and split the proceeds if they would like, but there are more creative ways to divide property in divorce. Sometimes a couple just needs to think outside the box.

By |2019-05-12T08:08:25-07:00January 1st, 2019|Family Law|0 Comments

How to Avoid Retirement Division in Divorce

Couples who have been married for more than ten years often face challenges when dividing retirement accounts during a divorce. Fortunately, there are creative ways to avoid having to divide retirement plans in divorce. Read on to learn more about how to avoid retirement division in divorce and how A People's Choice can help. [...]

By |2018-01-18T15:46:22-08:00March 31st, 2017|Family Law|Comments Off on How to Avoid Retirement Division in Divorce

Difference Between Joint Tenancy and Community Property With Right of Survivorship

Joint Tenancy and Community Property With Right of Survivorship Explained The right of survivorship is an important legal right that allows property owners to keep property in the event of the co-owners death. Property held as joint tenancy, tenancy by the entirety, or community property with the right of survivorship automatically passes to the surviving [...]

By |2018-10-02T17:03:52-07:00June 8th, 2015|Real Property|18 Comments