Dividing Property In Divorce
It is often said that divorce is an economic disaster for both parties involved. This sentiment stems from the far-reaching and often invasive process of property division. Divorce requires disentangling real estate, personal property, debts and financial investments.
Because of the economic impact of divorce, it is critical to be proactive in protecting your property rights. Hiring a family law attorney is the first step toward minimizing the financial earthquake often caused by divorce.
I am Andrew E. Stadler, an experienced California family law attorney based in Santa Rosa. I will work hard to protect your rights and interests, whether by negotiating a property settlement or resolving property division disputes in court. For those couples who are in general agreement on how to divide the property, I can help formalize mediation agreements and tie up loose ends.
Call 707-573-0818 to arrange a free initial consultation with an experienced lawyer. I serve clients throughout Sonoma County.
What Property Do You Need To Divide?
California is a “community property” state, which means all property acquired during the marriage is considered marital property. Courts will generally divide this property 50-50 unless the couple agrees to another arrangement. Ensuring a fair and accurate valuation of the property often has a critical impact on the outcome of property division.
Whatever the type or extent of property involved, it is important to consult with a family law attorney to protect your interests and avoid getting taken advantage of.
Marital property subject to division can include any and all of the following:
- Your home
- Real property
- Bank accounts
- Investments and stocks
- Retirement accounts
- Self-employed or family-run business
In today’s economy, many couples are also struggling with upside-down mortgages, credit card debt and impending foreclosures that can further affect property division.
Free Consultation Available
To set up a confidential consultation, call my office or complete the brief online form.
Initial consultations are free, and I offer a variety of flexible payment plans. Weekend and evening appointments are available.