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A Brief Explanation of “Community Property”

Jul 5, 2004, 01:08 Summary: There are at least two types of state schemes for the division of marital property at the time of divorce or death. One of these types is called “equitable distribution”, by which the Court is supposed to look at the whole picture of the family’s assets, debts, and resources, and […]

Is His 401k Community Property?

Dear Esq., My husband and I have been married for 21 years. We live in California, and I am considering a divorce. Is his 401K considered community property? What about our seperate IRA accounts? California is indeed a community property state. Generally speaking, anything acquired during the marriage is considered to be community property, while […]

Business Owners and Divorce

Sep 3, 2004, 20:11 Summary: Business owners who find themselves going through a divorce or separation are often suprised to find that, on top of all the other things with which they have to deal, their very business may be at stake – even at risk – and may become the subject of legal proceedings. […]