Category Archives: Community Property

Community Property. What is it? Can it be characterized, valued and divided?



California requires that before an asset can be divided, it must be capable of valuation. It must be characterized as community or separate – maybe something in between where a proportional value can be established, Further property must be divisible. There are assets which simply cannot be so divided because of statutory law, State or … Continue reading Community Property. What is it? Can it be characterized, valued and divided?