What is considered quasi-community property in a divorce?

By |2022-03-25T08:22:47+00:0024 Jan 2015|Categories: Divorce, Prenuptial Agreements, Property Division|

Many Californians know that divorce can have a big financial impact on people’s lives. For this reason, some people consider or enter into prenuptial agreements before marriage that identify and establish specific assets as separate property belonging to just one or the other person. Separate property is excluded from property division but marital properties – that is, jointly owned properties – are subject to distribution. California law also addresses another category of asset known as quasi-community property.

What is quasi-community property? This is any type of property that is obtained by either spouse during the marriage while the couple was living in another state; it is considered quasi-community property and is considered akin to marital property because it would have been considered as such if it had been acquired in California. This asset can be real estate, income earnings from employment, investments and most other types of property that are not specifically designated as separate properties.

What is a good example? Take a situation where a spouse or partner in a domestic partnership registered in California were previously living in Florida during their marriage or partnership. If one spouse or partner acquired and registered a recreational vehicle in that state, it would be treated as quasi-community property if the couple moved with it to California and then filed for divorce or legal separation. The property would only be exempt from division of marital assets if a marital agreement, such as a prenuptial or even postnuptial, listed it as separate property in the event of separation or divorce.

Divorce can produce considerable financial strains for both spouses. That is why state residents considering divorce should become familiar with how property is categorized in the event of divorce, remembering that California is a community property state in which assets are divided equally between spouses.

Source: Courts.Ca.gov, “Property and Debt in a Divorce or Legal Separation“, Accessed in Jan. 15, 2015

About the Author:

Dorie Anne Rogers - The Law Offices of Dorie A. Rogers, APC
Dorie A. Rogers, a Family Law Specialist, Certified by the State Bar of California, has been an attorney since 1981 with an exclusive family law practice located in Orange County. She is accepting dissolution cases with support and property issues including the use of forensics to ascertain business value, community interests and to establish monthly case flow analysis. Ms. Rogers has substantial experience in high conflict custody litigation involving sophisticated psychological issues. She drafts premarital and postmarital agreement designed to define and establish parties' separate and community property interests. Paternity cases and domestic violence matters are considered part of her practice. Ms. Rogers is a court-approved and court-appointed to represent minor children.Ms. Rogers consults with individuals concerned about entering or exiting a relationship. She advises effective strategies for dissolution or premarital planning. Knowledge is power and good planning affords better results.Specialties: Family Law Specialist, Certified by the State Bar of California
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