California Divorce and Property Division Attorneys
Addressing the Division of Community Property in Divorce
When dealing with the division of property in the context of a divorce, it is important to retain counsel who are experienced at handling complicated divorce and property division, are sensitive to your concerns and who will aggressively negotiate to protect your fair share.
At Kring & Chung, L.L.P., we have handled many highly complex divorce and property cases. For a consultation, call (949) 467-9147 or contact our lawyers online.
Complex Property Division in California: A Community Property State
California is a community property state, meaning that marital property is generally divided equally between both spouses. The kinds of assets and property subject to division are anything that was accumulated during the marriage, including:
- The marital home and investment real estate
- Pensions, IRAs, 401(k) plans and other retirement accounts
- Stocks and other investments, including art, vehicles and expensive jewelry
- Co-ownership in family businesses
The divorce and property division process becomes even more difficult when certain elements come into play, such as:
Property owned personally by one spouse, including property owned before the marriage or inherited solely by one spouse, is not considered marital property. Even separate personal property can become entangled in the division of marital property if it has contributed to purchasing marital property.
When ownership of property is complicated, such as where separate funds were used to purchase your home, it will often be appropriate to seek expert valuation in the determination of a fair division.
Our experienced and savvy property division attorneys excel at even the most complicated of divorce and property division cases. We will work diligently to ensure the most equitable outcome on behalf of our clients.
As experienced family law lawyers, we can help you consider complicated division of property. If you would like to schedule an initial consultation at our law firm, call today at (949) 467-9147 or contact our family law attorneys online.