How Is Property Divided In A California Divorce?
The size and composition of the property settlement can affect your finances for years after your divorce. To protect your interests, you need strong and capable legal representation from the beginning to the end of the divorce process.
The Law Offices of David M. Lederman, our founding divorce attorney is a specialist in family law as certified by the State Bar of California Board of Legal Specialization. We have extensive experience in all aspects of property division. From our offices in Antioch and Moraga, we can help you obtain a property settlement that protects your property interests. Reach us online or by phone at 925-522-8889 to schedule a consultation.
Common Questions That Affect Property Division
The term community property generally refers to all assets and debts acquired during the marriage, with some exceptions. California law provides that community property should be divided on a 50-50 basis.
In reaching a settlement, community property must be characterized, valued and divided. This can present some highly complex questions:
- What happens to separate assets that become community property during the marriage?
- How do you trace these transformations?
- What is the true value of non-financial assets such as personal property and real estate?
- How do you divide a marital estate that consists primarily of a house and retirement assets?
- What property is not subject to equal division?
Our lawyers handle community property division throughout Contra Costa County. We understand the law and the complexities inherent in the process. Our firm has handled cases that involved businesses, stock options, non-financial assets and property located in other states and overseas.
The Role of Experts in Obtaining a Fair Valuation
When necessary, we work with forensic accountants, appraisers, business valuation specialists and others. These professionals can provide insight and support to the client’s case, during the negotiation process or in court testimony.
Your financial future depends on the property settlement you receive. We can identify red flags that may indicate hidden assets or a low ball valuation on a business or rare collection.
Get Started by Requesting a Meeting
The Law Offices of David M. Lederman will work to obtain the best possible property settlement that enables you to move forward in a strong position. To schedule a consultation with one of our divorce lawyers, please call 925-522-8889 or send us an email.