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Many working spouses collect stock options during marriage (especially in Silicon Valley) as a form of compensation for employment. These options are considered community property if earned, vested, and exercised during marriage. Community property will normally be acquired from the date of marriage to the date of physical separation of the parties. Problems occur with…
I find that few couples who seek an uncontested divorce in California know about the disclosure requirements. In California, each spouse to the divorce settlement must disclose all community and separate assets that they own. Each spouse must also provide information regarding his or her current income. This is the Declaration of Disclosure requirement. It…
You are no doubt aware of the basics of divorce law in California. Community property is property acquired by a couple during the marriage. Community property is awarded to each spouse during a divorce. Separate property is property acquired by one of the spouses either before marriage, after the marriage, or during the marriage by…
