Orange County Property Division and Marital Property Lawyer
The division of marital property can be one of the more complex matters involved in any divorce. In every case, both parties have a fiduciary duty to fully disclose all their assets and resources, whether marital property or non-marital property. The Law Offices of Wendy L.C. Fountain A PC has the skills to help you fairly disclose all your property while protecting your interests in certain important or significant assets.
California Community Property Laws
Under California community property law, all assets earned or purchased during the course of the marriage (not including inheritances or separate gifts) will be considered community property subject to an equal split. However, there are circumstances in which certain martial assets may be separately awarded in a property settlement without having to follow a strict interpretation of the community property laws. A person’s failure to properly disclose assets could result in their being subject to an unfavorable and unequal property distribution.
Complicated Cases of Marital Property Distribution
Property division becomes increasingly difficult in circumstances where one or both spouses is self-employed, or owns a private business. Our property division attorney can assist you in either case with business valuation as well as with a proper estimate of the value of your income and other imputed resources.
We can help you to avoid problems by meeting the standards for a fair disclosure of all your assets and reach your most advantageous property settlement or distribution possible. Contact Us Now for experienced representation you can trust to protect your best interests.
