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Family Law Matters

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PROPERTY DIVISION


California regards all property and all obligations acquired during marriage as community property, or community debt. As such, the property and debt are generally divided equally between husband and wife. Certain exceptions to the rule include gifts and inheritance, which are considered separate property. Most often, there are factors that complicate property and debt issues, which require careful analysis. Evaluating and allocating business interests, pensions, stocks, intellectual property, contracts, real estate, personal property, art and obligations can be extremely complex.



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You should consult an attorney for individual advice regarding your own situation.
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