Working Toward An Equitable Property Division Agreement
Whether you have relatively few assets or have a substantial net worth, it is essential that you protect your interests when it comes time to divide your property and debt as part of your divorce proceeding. It is important to keep in mind that although most assets acquired over the course of a marriage are subject to division, that does not necessarily mean that the division will be entirely equal.
At Law Offices of Michelanne Hrubic, our attorney can help you resolve complex property division issues, either through negotiation or through the courts. To schedule an initial consultation at our law firm in Riverside, call 951-888-1574.
Community Property Or Separate Property?
In general, California law views any assets, with the exception of inheritances or gifts, or debt acquired over the course of a marriage as community property. Assets that were acquired prior to the marriage are considered to be separate property, and are generally not subject to division. While this seems simple enough, things can get complicated quickly.
Some separate property may take on characteristics of community property over the course of a marriage, thus making them eligible for division. In addition, it is important to ensure that all property is properly valued, including things that may not have an easily identifiable price, such as a business or artwork. We can help identify all property that is to be divided and can work with experts when necessary to ensure proper valuation.
Contact Our Lawyer For Help With Asset Division
Property division issues can be stressful. We are here to help you achieve an equitable agreement. Call us at 951-888-1574 or contact us online to schedule a consultation to discuss your situation.