Making the Most Out
of Your Property Settlement
How the division of marital property is handled in a divorce can have far-ranging and long-term consequences for both spouses. Pension plans, IRAs, and other investment options must be characterized and divided. Loans, liens, notes, and mortgages must be accounted for, together with the properties that they encumber. Additionally, there are almost always a few items with sentimental value that defy easy measure.
In sum, the need to have an experienced, aggressive legal advocate working to protect your rights and interests is clear.
At Holstrom, Sissung, Marks & Anderson, we provide knowledgeable guidance and quality services with regard to property settlements for people throughout Orange, Riverside and San Bernardino counties. What we also provide is the kind of experienced, aggressive representation people need to obtain a fair result. We encourage you to talk to one of our attorneys today and find out how they can help you.
Call any of our three Southern California office locations or contact us online.
Community Property and
the Division of Assets and Debts
Every state generally requires divorcing spouses to reach an agreement (property settlement) on how the “marital pot” of money, property, assets and debts will be divided or a judge will decide the issue for them. But each state defines “property” differently and has adopted different rules for how the process of division should work.
In California, property is presumed to be community property if it is acquired during the marriage. By contrast, inheritances, gifts by bequest or devise, and any property obtained prior to the marriage or after the date of separation are generally considered separate property. In divorce, California’s laws dictate that all community property be divided on an equal basis in those cases where an out-of-court settlement cannot be reached. Whether or not to divide a single asset in half or to award different assets of equal value to each party is an important tactical decision.
Our lawyers use hard work, attention to detail and appropriate experts to achieve fair property settlements outside of court whenever possible. However, if your case needs to go to trial before a fair result can be reached, rest assured that we will not hesitate to litigate aggressively on your behalf.
For the experienced, aggressive legal representation you deserve — call any one of our office locations directly or contact us online.
Free Telephone Consultations / Major Credit Cards Accepted
Orange County: (714) 408-7290 / (866) 586-8231
Riverside County: (951) 817-7665 / (866) 930-1949
San Bernardino County: (909) 327-2065 / (866) 331-9473
