I own my own business started many years before we married. Is this business considered personal or community property?
Also, does everything need to be in the divorce petition that's going into the final decree?
Your interest in any business acquired before marriage is your seperate property. Once you were married absent an effective agreement to the contrary, any income from your business as well as your compensation was community property. You should ask your divorce attorney these questions so you get advice tailored to your specific situation. You will want the divorce decree to be very specific what property is awarded to you.
I agree with Mr. Clausen and am changing the Practice Area so that your question might be answered by Divorce Attorneys.
The foregoing discussion does not establish an attorney-client relationship, is qualified by the limited facts presented above, and should not be relied upon as legal advice. To obtain definitive legal advice upon which one can rely necessitates retaining an attorney who is qualified in this particular area of the law.
You divorce attorney is in the best position to answer this question. We are not privy to any information other than what you have provided.
Mr. Clausen is correct about the treatment of community/separate property and income.
The information provided herein is not, nor is it intended to be, legal advice. It is for informational purposes only. No attorney-client relationship has been created and we have no obligations to you or your case.
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