Making Sure You Get Your Fair Share of Marital Property
Divorce proceedings can be extremely overwhelming. We have helped thousands of Californians navigate these challenging processes and have seen how complex the many decisions and disputes involved can impact a family in a divorce, especially in terms of property division.
Dividing property between spouses, including real and personal property and financial assets, is often one of the most complicated and contested disputes in a divorce. Regardless of the length of your marriage, you and your partner undoubtedly accrued various assets during your time together.
Before your divorce can be finalized, you must come to an agreement to divide all marital property, or the judge will do it for you. This process can be made far easier with the assistance of The Broadway Law Firm, a Los Angeles legal group focused on divorce and family law matters.
What Is Marital Property?
California is a community property state. This means that any property you or your spouse obtained during your marriage belongs equally to both of you.
Marital property may include:
- Retirement accounts
- Stocks and investments
- Bank accounts
- Real estate
- Shared belongings such as furniture, electronics, and art
Some assets, however, are exempt from division. Anything you owned before entering into the marriage and anything you obtained as a gift or inheritance during the marriage is off-limits for division.
Why You Need an Attorney
In theory, a couple could divide their assets on their own, without the assistance of an attorney or the courts – however, this DIY approach is often more trouble than it is worth.
Situations involving large estates and several valuable assets can become incredibly complex. A knowledgeable asset division attorney in Los Angeles can help make sure you get your fair share of the marital property and retain any personal assets that belong only to you. At The Law Help Center, we employ highly qualified asset valuation specialists who can correctly identify the full value of your property. We use this information to help protect your rights from start to finish.
When you work with The Law Help Center, you receive reliable and compassionate family law representation that is tailored to your unique situation. Every marriage and every divorce are different – we recognize this and personalize our service for every individual client.
To get started on your case, please call us at (213) 444-3155. We offer affordable and comprehensive initial consultations.
This post is also available in: Español