Community Property Division FAQ: I have high assets in Orange County California; Is My Spouse Entitled to 50 Percent of My Assets since we live in a community state? Is My Spouse Entitled to 50 Percent of My Assets in a Divorce in Orange County? The process of dividing property...
Date of valuation of community property
A significant factor in community property division in a dissolution/legal separation or domestic relations partnership is the date of valuation for the parties’ assets and debts. CALIFORNIA FAMILY CODE§ 2552, states that: (a) For the purpose of division of the community estate upon dissolution of marriage or legal separation of...