Explore the legal terms and concepts related to Equal Division of Assets. Click on any term below to learn more about its definition and applications.
How must each community property asset and liability be divided?
Generally, each community property asset and liability must be divided equally.
What is the economic circumstances exception to the general rule of equal division?
The economic circumstances exception permits a non-pro rata division in which one spouse takes a par...
When is it permissible to have an unequal division of assets?
There may be an unequal division of community property assets: (1) where one spouse misappropriates...