Riverside Property Division Attorney
What is marital property?
If you are going through a divorce, it i s important to understand your rights in regards to marital property division. California is a community property state, which means that any property, assets, or debts acquired by either party during the marriage will be considered marital property, subject to division and distribution unless otherwise specified by a
prenuptial agreement or
postnuptial agreement. California law also states that marital property is to be divided evenly, each person gets exactly half, regardless of which party's name is on the deed or title.
While there are a few exceptions to this rule, in general, all marital property will be divided evenly in the event of a divorce. This does not mean each and every asset must be split and divided, but rather, the tot al value of your marital assets, minus any debt, must be divided and di stributed equally. While this concept may seem cut-and-dry, determining what is separate property and what is marital property can sometimes be complex. For example, say you owned a business prior to marriage, but your business' assets grew significantly in value while you were married : Are the increased assets considered marital property or separate property? A knowledgeable Riverside divorce attorney can meet with you to explain your rights under state property laws and help you ex ercise those rights in court or during
mediation. Whether or not you are involved in a
high net worth divorce, you can trust us to fight for your best interest and help you resolve your case in a way that best serves your needs.
Divorce Lawyer in Riverside
The skilled attorneys at Hanson, Gorian & Bradford have represented countless clients throughout Riverside, Temecula, and Murrieta, and are familiar with the various issues inherent in any divorce involving property division. We will provide you with an in-depth consultation before getting started to ensure that we are prepared to effectively defend your rights to your property during the divorce.
Contact a Riverside property division attorneyto learn more about what you can do to ensure that at the end of your divorce, you aren't deprived of your fair share of the property.