In California’s divorce proceedings, community property typically means assets or debts acquired during the marriage. Those gained through gifts or inheritance are typically excluded from the community property consideration. This concept implies that both spouses share equal ownership of such property, regardless of who earned or accrued it. However, intricacies in distinguishing community from separate property often arise, which is why it is wise to have an experienced divorce attorney on your side when going through a divorce. For a comprehensive assessment of your assets and what might fall under the community property umbrella, get in touch with Kendall Gkikas & Mitchell, LLP.
