The general rule is to divide property equally between spouses. However, there are several exceptions to this rule depending on the type of property. Before agreeing to any type of property division, talk to any attorney. There are three different approaches to division of property: In-Kind Division: Court divides each item, whereby each spouse is… Read More
Any property acquired during the marriage will be addressed in your divorce action. This includes real property, vehicles, bank accounts, retirement accounts, credit cards, life insurance policies, investment accounts, businesses, loans, jewelry, furniture, etc. All property, regardless of what name it is under, is addressed. For example, if you have a bank account that is… Read More
Separate property is any property acquired before marriage or after separation. It also includes any property acquired during marriage if received as a gift or inheritance. Your spouse has no interest in your separate property unless community funds were paid towards the property.
Community property is any property acquired during the marriage, by either party. Typically, even property acquired in one spouse’s name during the marriage is community property. For example, if you spouse opens a credit card during the marriage but only puts their name on the account, the account is community property.