The state of California considers any property acquired during a valid marriage by a husband or wife community property. Sections 760 and 771 of the California Family Code outline the state law pertaining to community property. During a divorce proceeding, a judge will equitably divide community property based on possession, the wage earnings of both parties and the length of the couple’s marriage. Unless a couple signs a prenuptial agreement, California community property law only applies if the couple divorces in the state.
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For more information, contact the Family Law Offices of Renee M. Marcelle at (415) 456-4444, or online at http://www.familylawmarin.com/
Monday, July 20, 2015
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