Tag: Community Property
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Hiding Assets During Divorce
Hiding assets during divorce is a major problem – and if you’re caught doing so (or if your ex is caught doing so), you’ll face big problems in court. Here’s what you need to know. Hiding Assets During Divorce When your marriage is ending, your spouse may decide to hide some of his or her…
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IRAs and Divorce
Like other assets, IRAs – individual retirement accounts – are considered community property in many California divorce cases. But IRAs in a divorce aren’t always considered community property; in fact, they can be pretty complicated to sort out. Here’s what you need to know about your IRA and divorce in California. Related: Divorce and pension…
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What is Summary Dissolution in California?
If you’re like most people contemplating a split from your spouse, you think a regular divorce is the way to go – but instead, a summary dissolution might be right for you. What is Summary Dissolution? Summary dissolution is one way to end your marriage or domestic partnership. It’s not for everyone, but for some…
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How is Credit Card Debt Split in Divorce in California?
When you get a divorce in Stockton, you and your spouse will have to divide your property – and property includes both assets and debts. California is a community property state, so usually, the division of credit card debt is pretty clear-cut. Here’s what you need to know. Related: Community property basics in California What…
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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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Divorce and Cryptocurrency: What You Need to Know
Divorce in California can be complicated – and it can be even more complicated when cryptocurrency is involved. Divorce and cryptocurrency are appearing together more frequently in court, so here’s what you need to know. Divorce and Cryptocurrency: What You Need to Know When you or your spouse owns cryptocurrency, your divorce requires a different…
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California Divorce: Who Gets the House?
In a California divorce, who gets the house? This is one of the biggest questions many people have about splitting up, but the answer isn’t as simple as you may hope. California Divorce: Who Gets the House? Your marital home – what the court calls your house when you’re divorcing – might be one of…
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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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Filing For Divorce? Common Questions Regarding Divorce and Separation.
What is a divorce? California is known as a “no fault” divorce state, which means that if you are asking for divorce, you do not have to prove that the other spouse did something wrong. To get a divorce in Stockton you simply have to state that you and your spouse cannot get along or…
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