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Will Your Asset Division Settlement Protect Your Financial Interests?
There are really only two factors to consider in every divorce settlement: who will take custody of the children and how will marital assets be divided between the partners? California is famous for being a community property state. That means that all assets accumulated over the course of the marriage are subject to consideration for equal distribution in the event of a divorce. Assets protected by special agreement (prenuptial or post-nuptial) or by laws protecting inheritance are among the only exclusions.
There is no denying that spouses on both side of the divorce are counting on marital assets as part of their financial holdings following a divorce. That's why it is so important to have an attorney who knows how to determine the full and fair value of tangible and intangible property, including complex business holdings, the future value of an asset, retirement resources and financial securities. Angeloff Angeloff & Levine have the experience and resources you need to protect your future through your divorce settlement.
- Business valuation and future value of the business
- Future value of retirement accounts and pensions
- Real estate property
- Stocks, bonds and other securities
- Deferred compensation
- Income from commissions and bonuses
Tax Obligations and Debt Are Part of Asset Division, Too
Divorcing couples often come to us with concerns about getting their fair share of the property. Part of our job is to also advise our clients about the negatives of asset division, too, including tax obligations and marital debt. The truth is, you can't get the property if you aren't willing to share in the debt, too. In many cases we are able to show that the tax obligations outweigh the benefits of receiving a certain property or financial asset.
Property subject to division under California community property law:
- Family home
- Personal property
- Automobiles
- Business valuation and future value of the business
- Future value of retirement accounts and pensions
- Real estate property
- Stocks, bonds and other securities
- Deferred compensation
- Income from commissions and bonuses
"You can trust our knowledge of the law and our professional resources to protect your interests. Even if that sometimes means hearing something you aren't prepared to hear about your expectations. Would you really want it any other way from your lawyer?" Attorney Michael J. Angeloff
Learn More at Our California Divorce Practice Center
From our offices in Hemet, California, we represent clients throughout the Hemet/San Jacinto Valley and the Riverside County region. Contact us to discuss your marital asset division concerns with one of our lawyers today.
