Asset Division And Protection

Asset Division & Protection Lawyers in San Diego 

Serving San Diego, Escondido, Poway, Chula Vista, & Nearby Areas

Dividing property, assets, and debts is often one of divorce’s most anticipated and complicated aspects. California is a community property state, meaning assets and debts are divided equally. While this may seem simple enough, determining what is community property and what is not can become hotly contested. 

If you are navigating property division in divorce, you can benefit from the strategy and advocacy of our attorneys at Shorb & Connor. When we take on clients, our goal is for them to be comfortably situated after divorce and able to move forward with their lives. To accomplish this, we work closely with those who turn to us, taking the time to understand their situation, the relevant laws, and what they need from their case’s outcome. 

Begin developing your case strategy today with our asset division and protection lawyers in San Diego. Call (619) 330-0938 or connect with our office online.

Defining Community & Separate Property in California 

California law maintains that any assets or debts acquired during marriage are community property and belong equally to both parties, thus requiring equal division in divorce.

Community property can include:

  • Real estate
  • Vehicles
  • Bank accounts
  • Investments
  • Businesses
  • Retirement plans
  • Valuable personal property 
  • Debts, including mortgages and credit card debts

On the other hand, separate property includes assets or debts acquired:

  • Before the marriage
  • After the date of legal separation
  • After the divorce has been finalized

Separate property does not need to be divided in divorce. It is important to note that inheritances or gifts received during marriage are considered separate property. 

Although what we have laid out is straightforward, identifying whether property is shared can be difficult. Property ownership often commingles after marriage, so portions of an asset or debt are community while the rest is separate. Having a lawyer carefully determine and fight for what is rightfully yours can make all the difference in this divorce matter. 

How You Can Take Control of Property Division 

If you leave asset division up to a California court, you may not get a settlement that works for you or your family. Instead of allowing the courts to decide how to divide your assets, you and your spouse can reach a settlement that makes sense for your family and its needs. How does this work? 

You or your spouse can agree to keep assets like a family home, car, or business while giving up another of equal value. You may also divide assets like bank account balances or retirement funds, apportioning them fairly. This is often referred to as equitable distribution, and it could benefit you. 

Valuating Hidden or Complex Assets

At times, it is difficult to locate and valuate a spouse’s assets, let alone divide them. This is where we can help at Shorb & Connor. Our attorneys are adept at finding hidden assets and evaluating assets held outside the US. Also, they frequently lean on forensic accountants to obtain professional valuations of assets with unclear values. 

If you are in a high net worth divorce involving international assets, cryptocurrency, complex stock portfolios, or other valuable assets/property, let us work to secure what you deserve. 

Why Choose Shorb & Connor?

Your Legal Challenges, Our Commitment
  • Compassionate Representation

    Our family law firm is dedicated to providing compassionate support. We understand that family law matters are deeply personal, and we are here to listen and offer empathetic guidance every step of the way.

  • Strategic Focus
    We offer a comprehensive strategy for your case, not just a checklist of deadlines and steps. Our goal is to provide a clear, actionable roadmap that aligns with your objectives and leads to the best possible outcomes.
  • Work Directly With Your Attorney
    From the moment you contact us, you will speak directly with an attorney. This ensures that your concerns are immediately addressed by a knowledgeable professional, setting the stage for effective representation.
  • Personalized Goal Setting
    We believe in a collaborative process. By sitting down with you, we identify your objectives and outline a clear plan and strategy to achieve them, providing you with a sense of direction and control.
  • Free Consultations
    Initial consultations are free of charge, providing an opportunity to discuss your case with an attorney without financial obligation.
  • Holistic Approach to Family Law
    We understand the myriad of factors that can impact your case and have the experience to address them all comprehensively.

Make Our Strategy Your Advantage

Strategy is everything at Shorb & Connor. We spend a great deal of time planning our approach to clients’ cases, so that when it comes time to enter negotiations or go to court, we are ready to overcome challenges and pursue ideal outcomes. With our attorneys’ 30+ years of experience, the strategies we develop and implement are backed by unique insights and a firm understanding of California law. 

To find out how our San Diego asset division and protection lawyers might approach your case, contact our firm today. Initial consultations are free, so do not wait to call (619) 330-0938 or connect with us online.

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