What does “community property” mean in a California divorce?

In California, community property refers to the concept that all assets and debts acquired during a marriage are considered the joint property of both spouses. This means that during a divorce, both assets and debts are divided equally unless both parties agree otherwise. It’s important to understand which assets qualify as community property and which are separate when going through a divorce, which is why it’s essential to seek legal guidance. Get in touch with Kendall Gkikas & Mitchell, LLP to schedule an initial consultation to discuss your divorce.