Index

California Community Property Law

Summary

In California, all assets and debts acquired by either spouse during a marriage are generally considered community property and must be divided equally (50/50) upon divorce.

Rights & Rules

  • 01.
    Right to an equal share of all income earned by either spouse during the marriage.
  • 02.
    Right to a 50% interest in real estate or retirement accounts funded during the marriage.
  • 03.
    Right to keep separate property owned before the marriage or received as an individual gift or inheritance.

Penalties

  • 01.
    Court-ordered reimbursement for community funds used to improve separate property.
  • 02.
    Potential loss of more than 50% of assets if a spouse is found to have intentionally hidden community property.
  • 03.
    Liability for half of the community debt, regardless of which spouse incurred it.

Verified Citations

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