Tag: Assets
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Are Assets Always Split 50-50 in a Divorce in California?
California is a community property state, which means everything you and your spouse earned or purchased while you were in the marriage belongs to both of you equally. But it doesn’t mean that you have to divide everything 50-50. Splitting Assets in Your Divorce: Are They Always Split 50-50? During your divorce, everything that you…
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Community Property Basics
In California, the term community property refers to any assets or income earned by a married person – and it belongs to both parties of a marriage, not just the one who brought it in. It’s different from separate property, which only belongs to one spouse. And during a divorce, community property must be divided…
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The Bitcoin Divorce: How Do Courts Divide Cryptocurrency?
Bitcoin and other cryptocurrencies are treated like property in a divorce – but how does division of these assets work in California? So far, it’s been a little bit tricky, so here’s what you need to know if your divorce involves Bitcoin or another cryptocurrency. The Bitcoin Divorce: How Do Courts Divide Cryptocurrency? When you’re…
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Protecting Assets From Divorce: 7 Tips to Safeguard Your Future
In many divorces, the primary focus isn’t who did what or which party sacrificed the most. Instead, it boils down to one thing: Assets. Even if your divorce is about more than assets, you need to know how to protect what you have – and avoid losing things to your spouse when you don’t have…
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Divorce and Property Settlement: 5 Tips to Negotiate With Your Spouse
When you go through a divorce in California, you’ll have to go through several steps — and one of them is creating a divorce property settlement. Here’s how to negotiate during divorce so you can reach a fair, reasonable outcome. How to Negotiate During Divorce If you’re like most people, you have no idea how…
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