Community Property Versus Separate Property

Community Property Versus Separate Property

Community Property Versus Separate Property

Community property is any property obtained during the marriage. If income was earned during the marriage, any proceeds from the income will be community property. Upon dissolution, equity in a community property asset will be awarded equally to both parties.

Separate property is any property obtained before or after the marriage or any property that was received during the marriage as a gift or inheritance. In a divorce, separate property will be awarded to the party who owns the separate property.

If you need a divorce lawyer in the Orange County area to discuss a family law matter such as the division of property, child support, spousal support, custody, transmutation or property division, contact Treviño Law, Inc. Conveniently located off of the 5 and 405 freeway at Lake Forest.

Please note that the posting of this family law blog is informational only. Specific circumstances and laws may determine the outcome of your particular situation and it is important to contact an attorney to analyze your situation.

Please note that this legal advice does not establish a family law attorney-client relationship. This is a legal advertisement for Treviño Law, Inc, an Orange County family law firm.

The difference between community property and separate property will determine to which person the property is awarded.

The difference between community property and separate property will determine to which person the property is awarded.

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