Community and Separate Property

When dividing assets and debts in a California divorce, it’s wise to understand what the law considers to community and separate property.

Financial Disclosure Forms

In California divorces in which both spouses are involved in the divorce process, you must exchange financial disclosure forms.

Divorce Financial Disclosure

All California divorces require complete disclosure as regards assets, debts, income and expenses.

Division of Assets and Debts – Basics

To get divorced, you need to tell the court what will happen with the marital assets and debts. You have a lot of discretion in coming up with this division.