Rancho Cucamonga Property Division Lawyer
Family Law Attorney Serving Clients in Rancho Cucamonga
When spouses decide to get a divorce or legal separation, marital property division will be one of the issues that will have to be resolved. In order to achieve the most favorable result in this, it is highly advised that a competent Rancho Cucamonga family lawyer be hired to uphold your best interests and protect your legal rights. The state of California is a "community property" state, which means that when the marital property assets and debts are divided, it is done as equally as possible, also known as "fair and equitable division".
The task of fairly and equally dividing property is rarely a simple one. Many factors can make the division process complex and cause emotional havoc between the divorcing parties. Situations like a spouse trying to hide property or spouses coming into the marriage, each owning their own home, will need to get sorted out. Having legal representation can make these hurdles easier to address and resolve.
What Constitutes as Community Property in the State of California?
Community property is basically defined as property acquired after the marriage and before physical separation. Any property brought into the marriage, received as a gift or inherited will usually not be included in the division. Sometimes one spouse will enter the marriage owning a business. This would be considered separate property. But, if the business continues to operate during the marriage, and the value of it increases, any growth between the marriage and physical separation would be subject to being counted as community property. This is just an example though, and if prenuptial and postnuptial agreements are not a part of the divorce, everything will likely be lumped into the property division unless ownership prior to the marriage is provable.
The very best way to protect your rights and divide property in a way that makes the most sense is to have an experienced lawyer at your side. At Cho, Sheasby, Chung & Ignacio, LLP, we will fight for what is fair and deserved in your case and provide aggressive defense to any unfair or unjust actions that arise in the process.
If you or someone you know is in need of aggressive legal representation for any divorce related matters,
Contact a Rancho Cucamonga Property Division Lawyer
from our firm now.
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