How Are Assets Divided in a Divorce in California?
Understanding California’s Community Property Law
California is a community property state, meaning that all assets and debts acquired during the marriage are typically divided 50/50 in a divorce. However, equitable distribution considers various factors to ensure a fair outcome.
Factors That Influence Asset Division:
• Each spouse’s contribution to the marriage (income, homemaking, caregiving)
• Length of the marriage and financial dependence
• Separate vs. marital property (assets owned before marriage may not be divided)
• Debt division and financial responsibilities
Protecting Your Financial Interests
Dividing property in a divorce can be complex, especially when dealing with business ownership, real estate, retirement accounts, or investments. Having an experienced family law attorney ensures that your financial future is protected.
How North Bay Family Law Can Help
At North Bay Family Law, we understand that planning for marriage and navigating divorce can be overwhelming. Whether you need assistance drafting a prenup/postnup or protecting your assets in a divorce settlement, our legal team is here to provide expert guidance.
Need legal advice? Contact us today for a consultation. Serving Sonoma County, Santa Rosa, Petaluma, and surrounding areas.