Orders Dividing Marital Property
Orders dividing marital property are court orders separating any and all community property you may have acquired during your marriage. You may be able to work out a separation of property agreement that both you and your spouse feel is fair. Remember though, that until a judge signs off on your agreement and issues California orders dividing marital property, your community property and debts still belong to both of you. Your community property does not become separate property even if you have agreed on how to divide them between yourselves.
When you divide your property and debt, you should come up with an agreement that divides everything fairly equally, so that both of you end up with roughly the same value of your property (and debt).
Orders Dividing Marital Property Based on Your Agreement
A good way to start is to make a list of everything that you own. Then you need to figure out which items are separate property, which items are community property, and what the fair market value of each item is. You will have to do this to complete your divorce or legal separations. Next you will want to divided your property and debt either through a marital settlement agreement (MSA) or a court judgment specifying who gets what property and debt.
Click on the following links for a free copy of Orders Dividing Marital Property form to be used in court filings:
File Download (PDF File): fl345 – property order
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For more information on marital assets & debts, community property and separate property, click on one of the following links: