WHAT ABOUT SEPARATE PROPERTY DOWNPAYMENTS FOR OUR HOME?
This comes up a lot. Two young people get married. One of them is doing well and has saved, before getting married, the amount of $100,000 to buy a home. The couple buy a home as a married couple. The $100,000 one party saved prior to marriage is used as the down payment. Flash forward 20 years. The couple is divorcing. Now what? California Family Code Section 2640 is where to look: (a) “Contributions to the acquisition of property,” as used in this section, include downpayme