Commingled Assets and Debts in a San Diego Divorce - Property Division

Commingled Assets and Debts in a San Diego Divorce

Pierre Domercq Community Property Division

How will the Court handle commingled assets and debts in a San Diego divorce.  Generally speaking, there are principally two types of community property in a San Diego divorce – “community property” and “separate property.” Basically, community property will encompass any assets and debts which are obtained by the parties jointly or separately from the date of the marriage to …

Does the Process of a Divorce Treat Assets and Debt Equally - Family Law

Does the Process of a Divorce Treat Assets and Debt Equally?

Pierre Domercq Community Property Division

We are often asked “does the process of a divorce treat assets and debt equally?  Will our property and debts be divided 50/50? Virtually every divorce in San Diego involves the distribution of assets and debts.  Assets will include everything from the family home to personal property, a business or professional practice, retirement accounts or pensions, investments, real property and …

You Must Fully Disclose Every Asset and Debt in a Carlsbad Divorce

You Are Legally Required to Fully Disclose Every Asset and Debt in a Carlsbad Divorce

Pierre Domercq Community Property Division

California law clearly requires every individual to fully disclose every asset and debt in a Carlsbad divorce.  This applies to many things often missed such as retirement accounts, personal injury settlements as well as separate and pre-marital or gifted assets! We are often asked “what information must be disclosed?”  The short answer is simply any and all information you possess …

How Are Assets and Debts to be Divided in a Carlsbad Divorce Family Law

How are Assets and Debts to be Divided in a Carlsbad Divorce?

Pierre Domercq Community Property Division

How are assets and debts to be divided in a Carlsbad divorce?  Property division can be one of the significant challenges in many divorce cases.  The division of property includes any asset, debt, property or liability owned or owed by either of the parties or both. The divorce begins with financial disclosures by both parties.  Property disclosures should include, but …

Are Debts and Property Treated Equally in a Carlsbad CA Divorce?

Are Debts and Property Treated Equally in a Carlsbad CA Divorce?

Pierre Domercq Community Property Division

Are debts and property treated equally in a Carlsbad CA divorce?  How will your personal property, vehicles, real property, investments, retirement accounts and pets be divided during the division of community property? The first concept to understand is the difference between “community” property and “separate” property.  Community property is generally defined as any asset or debt which is acquired by …

How to Analyze Assets and Debts in Your Carlsbad Divorce - Division

How to Analyze Assets and Debts in Your Carlsbad Divorce

Pierre Domercq Divorce

Have you been wondering how to analyze assets and debts in your Carlsbad divorce?  What is “community property” and what is “separate property?” Generally speaking, community property is classified as any asset or debt acquired by either or both parties from the date of the marriage to the date of separation.  Separate property is any asset or debt acquired by …

Spouse Earned Income During Your Marriage Which is Still Unpaid

What Financial Disclosures Must be Made in a San Diego Divorce?

Pierre Domercq Community Property Division

What financial disclosures must be made in a San Diego divorce?  Why is a full, transparent and accurate disclosure of all assets and debts by each party so important in a divorce? Generally speaking, the Court must have a thorough understanding of all of each party’s individual and joint assets and debts as well as the income of each spouse …

Student Loans and the Division of Debts in a San Diego Divorce

Student Loans and the Division of Debts in a San Diego Divorce

Pierre Domercq Divorce

What happens with student loans and the division of debts in a San Diego divorce?  How are assets and debts characterized and divided during a divorce? The division of community property is a complex process in many San Diego divorce cases.  Generally speaking, property and debt acquired before the marriage is considered to be “separate” from the community assets of …