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...
Your Guide Through Challenging Times
Month: January 2021
How does community property laws work?
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...
Seeking a divorce when your spouse does not want one
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...