Community and Separate Property
Before creating your divorce agreement, you need to know, from a legal standpoint, what belongs to you, what belongs to your spouse, and what belongs to both of you. In states like California, this is where the concept of community and separate property comes in. Source: shutterstock.com / Photo Contributor: Basicdog What You Need To Know About Community Property So what is "community property"? Community property is an asset or debt that both spouses have an equal right to. [...]