Assets such as a shared family-owned business may require a 50-50 division during a divorce. Under California's community property laws, a company purchased or started during a marriage belongs to both spouses, as noted by Business.com. If an individual inherited a...
California is one of only a few community property states in the country. The concept of community property applies in a divorce when dividing assets and debts. According to the California Courts, community property is the idea that all assets or debts you and your...
Some divorces are mutual and both parties agree to move on, making the process swift and easy. Other cases, however, may include a spouse who does not want to dissolve the marriage and refuses to sign the paperwork. If you find yourself in the latter situation, you...