You and your spouse were partners.
And worked hard throughout all the years of your marriage in order to achieve your financial goals.
You bought your dream house, built a sizeable nest-egg for retirement, and even had enough income to treat yourself to that sweet cherry-red ragtop you’d had your eye on since you were a kid. California dreamin’ indeed!
But now that you’re facing a divorce, you have questions about California community property and exactly how the division of assets and liabilities works.
You’ve heard that because California is a Community Property state, spouses split everything 50-50, but you don't know how to decipher community property vs separate property, how to untangle assets or debts that have been co-mingled during the course of your marriage and whether or not you and your spouse actually get a say in how to divide your property and debts in a fair and equitable way.
You also want to make sure that all the income you worked so hard to earn doesn’t wind up getting wasted on divorce attorneys and outrageous legal fees.