Division of Property in a Divorce
It is important to have an attorney at your side when dividing property during a divorce. At the Riverside, based Law Offices of Robert Deller & Associates, we know the law regarding property rights in a marriage. Our goal is to be sure that property division is fair and that our client receives everything he or she should receive under the law.
Contact us to learn how we can protect your rights during property division. Call us at (951) 680-9000. The law in this area changes frequently. Speak with a lawyer who knows the most recent and applicable California laws.
Community property and commingling of property
California is a community property state. This means that all assets and debts acquired during the course of a marriage are presumed to belong to the “community” of the marriage and supposed to be divided equally. However, there are numerous exceptions to the community presumption rule. This is also true for property that the two spouses bring to the marriage. In both cases, it is important to analyze the situation to determine the rights of each spouse in any commingled property.
Having your financial records can protect your assets and your interests
Our law firm can advise on this and on all matters related to property division. We advise clients who suspect that a spouse may be hiding community property or for that matter, property believed to be separate by one spouse but in actuality belongs to the “community”. This is especially true when there is a closely held community business. When necessary, we hire investigators and business valuation specialists to uncover hidden assets. We advise clients to make copies of all financial documents, including those on computers. Those records assist us in assessing the extent and characterization of the property. Such documents can include:
- Deeds to property
- Titles to boats, cars and other assets
- Insurance policies
- SEP IRAs
- Bank accounts
To learn more about property division in California and how you could be affected during a divorce, contact our Riverside County law firm today.
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