What does separate property mean ...

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What does separate property mean

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California is a community

California is a community property state. This means that all property acquired during the marriage is presumed to be community property. However, if the property was acquired before marriage or during the marriage by gift or inheritance, the property is considered to be separate property. For example, if a relative leaves you a sum of money upon death while you are married, the money is considered to be your separate property. The issue of separate property versus community property becomes important during a divorce. Defining whether property is separate or community in nature can be confusing, especially if the spouses have been married for a significant period of time and have commingled much of their property. Therefore, consider talking to a California divorce attorney if you have a question about whether your property is community property or separate property. In addition, read http://www.courts.ca.gov/1039.htm for more information about how property is divided upon divorce in California.

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California is a community

California is a community property state. This means that all property acquired during the marriage is presumed to be community property. However, if the property was acquired before marriage or during the marriage by gift or inheritance, the property is considered to be separate property. For example, if a relative leaves you a sum of money upon death while you are married, the money is considered to be your separate property. The issue of separate property versus community property becomes important during a divorce. Defining whether property is separate or community in nature can be confusing, especially if the spouses have been married for a significant period of time and have commingled much of their property. Therefore, consider talking to a California divorce attorney if you have a question about whether your property is community property or separate property. In addition, read http://www.courts.ca.gov/1039.htm for more information about how property is divided upon divorce in California.