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Posts tagged "Complex Property Division"

Don't give up more than you have to during divorce in California

The main thing to know about marital property division in California is that it falls under the laws of community property. Community property essentially means that any assets gained during your marriage are shared equally between you and your spouse regardless of the person who first received them.

How do you get a qualified domestic relations order?

Property division gets complex when you have to take future assets into account. For instance, perhaps your spouse has a pension plan that is going to pay out for their retirement, but, at the time of your divorce, that retirement is still 10 years away. Do you still have a right to those retirement benefits when they start paying out a decade from now?

Should you keep the house and live in it with your children?

Property division during divorce is not always as easy as selling the house, splitting up the money and moving on with your lives. In some cases, it gets very complex. This can happen when you start factoring your children and your family life into the equation.

Property division can be very complex and challenging

There are many points of a divorce that might prove to be a challenge. For many people going through this process, the property division is the most difficult. This is because people connect to their assets emotionally, as well as financially. If you are going through a divorce, you need to make sure that you are looking at this based on the factors of your case.