California Property Division
Legal Assistance from a Valencia Divorce Lawyer
One of the most complex and frustrating issues that must be discussed in
any divorce case is that of property and debt distribution. When these
circumstances arise, it is essential to have compassionate and experienced
legal counsel by your side. Searching for a lawyer for a property division
case in Valencia? The
Valencia divorce lawyer that you choose to represent you case could make all of the difference
to the end result of your divorce agreement. You will want to ultimately
reach an outcome that is in your best interest both financially and relationally.
An attorney from our firm, Barnholtz & Kugler, Attorneys at Law can
help you come to a decision on the division of the marital assets and
debts that have been accumulated throughout the marriage. If, however,
this issue must be taken to court, our firm can develop a strong case
on your behalf.
Distribution of Assets in Divorce
Couples that are terminating their marriage or obtaining a legal separation
will have to establish and work out a separation of property agreement
that can be signed by a judge. Prior to the final order has being signed
and issued by a judge, all community property and debts from the marriage
will be divided between the parties. Once a settlement agreement is signed
by both parties, or final judgment is entered, the character of the property
changes from community property to separate property of the party retaining
the asset. When it comes to the division of assets and debts, there are
many ways it can be accomplished. If you and your spouse can come to an
agreement, with the help of your attorney, on how to divide both assets
and debts, you are able to have this agreement become a part of your final
judgment, thereby avoiding having the Judge make the final decision, after
a trial on property issues occurs.
Community Property Distribution
For couples who are not able to divide assets and debts on their own, or
with the help of attorneys, a trial will have to be held to determine
this division. In California, property and debts accumulated during the
course of the marriage will be considered community property, without
clear evidence showing this was not the intention of the parties. Assets
received as a gift, inheritance (that have not been commingled) or asset
owned prior to the marriage may be considered separate property.
In a contested divorce, specific steps will have to be taken in order to
adequately resolve the issue. The assets will have to be valued and appraised
so it can be distributed in as equitable of a manner as possible. As your
attorney, we can help you gather all the necessary documents and information
in regard to the division of property. Spouses have a responsibility to
disclose all information regarding all marital property in the course
of a divorce. This is an issue that can be a significant problem in many
divorce and legal separation cases. If an issue has developed in regard
to the division of property, it is important to seek the legal assistance
of an attorney immediately.
Schedule a FREE consultation with our Valencia property division lawyer.
Many different circumstances could result in the unequal distribution of
community property in the divorce. For that reason, it is important to
understand your rights during divorce and understanding the laws pertaining
to your specific situation. It is important to retain competent legal
advice from an attorney who can help you fight for your rights. At Barnholtz
& Kugler, Attorneys at Law, we will be looking out for your best interest.
You can obtain aggressive and knowledgeable legal representation when
you are in need of assistance with an issue involving the division of
property and debt.
Need a lawyer for a property division case in Santa Clarita?
Contact a Valencia divorce attorney from our firm today!