If you are going through a divorce, there are a lot of things to consider. If you have children, you will need to work up child custody and support agreements. You will also need to work out spousal support or alimony payments in many cases. In addition, you will need to divvy up your assets and debts. In California, this is referred to as the division of property. Keep reading to learn more about the division of property in Claremont CA and how Kendall Gkikas & Mitchell, LLP can help.
Are there different types of property?
Yes, there are different types of property. In fact, there are 4 types of property in California.
Community Property: Community property refers to most property, assets, and debt that a couple acquires during their marriage. Community property will be split 50/50 in a California divorce.
Separate Property: Separate property is assets, debt, or property that were owned prior to a marriage or domestic property. These will return to the spouse that owned them before the marriage. Gifts and inheritances are also considered separate property. As soon as you officially separate from your spouse, you can start acquiring separate property again, although you may want to hold off on large purchases until you consult with your attorney.
Commingled Property: Commingled property is separate property that a couple brings into the marriage and uses to make a large purchase like a house or a vehicle. Comingled property can be difficult to determine ownership of.
This can get confusing, which is why people often turn to a divorce attorney like Kendall Gkikas & Mitchell, LLP for assistance with your case!
Contact Kendall Gkikas & Mitchell, LLP today for help with your divorce case in Claremont CA!
If you are trying to get a fair division of property in your Claremont CA divorce, you need a skilled attorney like Kendall Gkikas & Mitchell, LLP on your side. With over 31 years of experience, you can count on our team to fight tirelessly to ensure that you get a fair settlement. Give us a call today at 909-482-1422 to schedule your initial consultation and see how we might be able to help.
To learn more about the quality and reliable family law services that we offer, visit us on the web at Kendall Gkikas & Mitchell, LLP.
