In California, a Community Property state, assets acquired during a marriage, such as income, earnings, assets, and investments, are divided equally between spouses in a divorce. This includes community property like the family home. Deciding whether to sell or retain the family home during divorce is a complex decision. It carries significant financial implications and […]

In many marriages, various factors such as financing, tax considerations, liability concerns, or property classification may lead one spouse to execute a quitclaim deed, transferring sole ownership of the family home to the other spouse. This action effectively removes them from the property’s title. However, when divorce becomes a reality, a critical question arises: was […]

At the conclusion of most divorce proceedings in California, the status of jointly owned real property often undergoes a significant transformation. This transformation can take the form of a buy-out, where one spouse purchases the other’s share, or by selling the community home to a third party. In cases of the latter, divorcing spouses may […]