Skilled Guidance In Dividing Property In Divorce
Pleasanton family law attorney Victor J. Porée has guided people through the property division process in divorce for over 45 years. When you and your spouse don’t agree on how to divide property, things become very stressful very quickly. Locating assets and finding their true value can be a difficult and time-consuming chore.
Attorney Porée is familiar with complex assets and employs forensic accountants when necessary. He has the knowledge and experience to get you through the process with an accurate accounting of all assets and their true value.
Debt, Community Property And Separate Property
Family law in California divides marital property into two categories: community property and separate property. Community property is essentially all of the property and debt that you and your spouse owned or owed during your marriage, with the exception of property and debt that fall under the category of separate property. To qualify as separate property, an asset or debt must have been acquired prior to the marriage or while the spouses were legally separated. Gifts and inheritances acquired during the marriage are also considered separate property.
Determining when a couple has legally separated often becomes complicated. By law, the date of separation is the day that one spouse tells the other that they want to end the marriage. When the direct words or actions that signal an intention to end the marriage are not clear to both spouses, you will need an experienced property division lawyer to settle the matter.
What Kind Of Assets Are Considered Marital Property?
In a nutshell, anything of value acquired during the marriage that can be bought or sold is considered marital property. Assets that are commonly part of the division of marital assets include:
- Homes and other types of property
- Cars and other types of motor vehicles
- Bank accounts
- 401(k) and pension plans
- Furniture and other objects of value
Until a final divorce decree is issued, all debt and property continue to belong to both spouses, regardless of who is in possession of the property during the divorce proceedings. Mr. Porèe can help you identify assets and assist in trying to create a fair division of property with your spouse.
Connect With An Experienced California Divorce Attorney
If you are involved in a divorce and need help with the division of marital property, contact the Law Offices of Victor J. Porée. For assertive legal guidance through divorce proceedings, contact property division lawyer Victor J. Porèe by email or call 925-500-8906.