Video ~ Married or Acquired Property Out of State
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Video ~ Dividing Property at Divorce
The community estate, including community property and quasi community property, is split into 50:50 on divorce. If it is not possible to make the division mathematically equal, then it is aimed to be “substantially equal”. The court can award an asset like a business to one spouse and offset with house or another asset to the other spouse.
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Video ~ Splitting Quasi-Community Property at Divorce
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Video ~ Marital Agreements
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Video ~ Transmutation
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Video ~ Business Interests
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Video ~ Debts
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Video ~ Separate Bank Accounts
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Video ~ Joint Tenancy & Divorce
Joint tenancy is joint ownership of property, usually real estate with the right of survivorship. So both co-owners have equal use of the property until one of them dies. Then the property ownership goes to the surviving owner. In California, pre-1985, joint tenancy was presumed to be separate property. Since 1985, joint tenancy owned by one spouse is now presumed community property unless it can be proved to be separate property through a written agreement.
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Video ~ Increase in Value of Real Estate Property
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Video ~ Pensions
In California, pensions started before the marriage are subject to rules of apportionment. If a spouse participated in a pension for 20 years, and was married for 12 of those years, then 60% of the pension is community property.
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Video ~ Insurance Policies
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Video ~ Personal Injury Damages
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Video ~ Wills & Community Property
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Video ~ Non-Spousal Partners
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