Family Law Information
California is a community property state. This implies that each spouse has an undivided, one-half interest in any property acquired during the marriage while residing in California (California Family Code § 760). The definition of community property generally applies to everything acquired during the marriage (e.g. assets, income, stock options, retirement interests as well as all debts incurred during the union). If the divorcing spouses cannot agree to a negotiated division of the community property, the court will order division.