Going through a divorce is challenging enough, you shouldn’t have to deal with the difficulties of not getting your fair share when property is divided. Dividing assets, debts, and property is typically one of the most challenging parts of a divorce proceeding. We can help.
The challenges when dividing up property
One of the issues in dividing up property is that one spouse often attempts to hid assets. Whether they’re doing it out of spite or another reason is immaterial. Another issue is that one spouse may feel guilty and end up giving away more than they should, only to regret it later. When you work with an experienced California property rights attorney you’ll know your rights are being looked after. At Law Offices of Torrence L. Howell we will take the necessary steps to ensure your assets are divided as fairly as possible. With a background in both finance and business, Torrence L. Howell is uniquely suited to understand the sometimes complicated issues surrounding property rights.
California is a community property state
For many clients, the first question they have is how property rights are determined. California is a community property state. In short, this means that both spouses are entitled to half of all property and assets that were acquired during the marriage. These assets include but are not limited to:
- Balances in bank accounts
- All real estate
- Stocks
- Furniture
- Bonds
- Collectibles or antiques
- Retirement accounts
- Jewelry
- Vehicles
Note that any property that was acquired by one spouse before they were married, along with income that results from that property, remains their private property. Also keep in mind that it’s not required that assets are split down the middle. If a married couple can come to an agreement on their own then that can be followed. You do need the right property rights attorney who can help you negotiate an agreement that works best for you. We can also provide the aggressive and experienced representation in the courtroom should you need it.
Business property and business assets are a different thing altogether
If you owned a small business with your former spouse then the value of said business will be an essential part of your asset division during a divorce. These can be deeply complicated legal issues but at Law Offices of Torrence L. Howell you’re dealing with an attorney who has a background in business law and experience with property rights. As a result, he’ll be both a shrewd and successful advocate for you. No matter what type of unique situation you’re dealing with, you have found the right partner.
Now is the right time for a free initial consultation
The first step to moving forward is to get a free initial consultation. Call Law Offices of Torrence L. Howell at (909) 920-0908 to schedule your appointment. We believe in our experience and our expertise and we know you’ll come to believe as well. Allow us the privilege of consulting with you and we’ll provide a general idea of how we believe you could best move forward.
