Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

• Community property: California’s method of division of property in the event of a divorce or for valuing an estate. California’s community property law basically includes as “community property” all assets and debts and income acquired during a marriage, before permanent separation. Exclusions include, but are not limited to, premarital property, inheritances, gifts from family or friends to just one spouse, student loans.