What Does It Mean That California is a Community Property State?
If you are considering divorce, how much of the property that you and your spouse own are you entitled to? California is one of a handful of “Community Property” states, which means that spouses without a pre-nuptial agreement equally share the property (and debts) they earned during the marriage.
That means that even if one spouse was the primary breadwinner while the other spouse stayed at home, their property will still be divided equally during a divorce. There are exceptions to this rule. Property and assets owned by one spouse before the marriage will stay with that spouse, as will inheritance.
Typically, the longer a couple has been married, the greater the amount of assets to be divided. On the flip side, if a couple was only together for a single year before divorce, than a majority of the assets will have been earned before the marriage and will not have to be split evenly.
For more advice on how to move forward with a divorce in Temecula, contact Albrecht & Albrecht at (951) 693-3132.