Whether you and your spouse are considering divorce or have already made the decision to file for divorce, you will undoubtedly have numerous questions and concerns about the financial ramifications of divorce, the effect that divorce will have on your financial security, and the distribution of community property assets and debts.
A highly knowledgeable and respected Family Law Attorney, Mr. Balent has been helping clients obtain a fair and equitable distribution of community property assets for 37 years. Located in Brea, we represent clients throughout all of the surrounding communities.
Community Property Division Attorney in Brea
Community property is defined as any income earned or assets and debts acquired by a married couple throughout the course of their marriage. Assets include pension benefits, profit sharing employee programs, and retirement benefits.
Absent a prenuptial or postnuptial agreement, under California law all community property assets and debts must be distributed evenly among the parties upon divorce. This is done by evaluating the fair market value of all community property assets and obligations and dividing the net value equally between the divorcing couple.
Any property owned prior to marriage or obtained by gift, bequest or devise is generally deemed to be separate property, and is not usually subject to community property division. However, if actions are taken that change the characterization of separate property assets (for example, paying for separate property assets with community property income or commingling funds), this property may become subject to community property division.
If you are filing for divorce and have substantial assets, it is crucial that you retain an experienced divorce attorney who will fight on your behalf for a fair and equitable division of community property assets and obligations.
Brea Family Law Lawyer John Balent has considerable experience helping his clients obtain favorable outcomes in complicated community property cases. Should you suspect that your former spouse is hiding assets, we will hire investigators and forensic accountants to help you find those funds and ensure that they are included in the marital estate.
Contact Brea Property Division Lawyer John Balent for a Free Consultation
If you are getting divorced and need a highly skilled lawyer to represent your best interests with respect to the division of community property obligations and assets, please contact Brea Property Division Lawyer and Family Law Attorney John A. Balentat (714) 990-3255 to schedule a free in office consultation.
A highly seasoned Family Law Lawyer, Mr. Balent has helped numerous clients successfully resolve contentious property division disputes. When experience is essential, you can count on the Law Offices of Brea Family Law Lawyer to fight for you!