Pursuing a Divorce Settlement That Meets Your Needs
The ultimate goal of the divorce process — at least as far as property division for people of high net worth is concerned — is a settlement or decree that divides up community assets and debts so that each ex-spouse can make a fresh start and move on with his or her life.
At the Diamond Law Firm in Los Angeles, we take every opportunity to help our clients obtain beneficial property and debt settlements in divorce. To schedule a free consultation with one of our experienced California family law attorneys, contact us today.
Identifying and Valuing Community Property
The first step in the property division process is determining exactly how much property each spouse owns and how much of it is community property under California law. Common types of property that need to be identified and valued include:
- Real estate
- Business interests
- Stocks, bonds and stock options
- Bank accounts
- Personal property
- Consumer benefits such as frequent flyer miles
We work with certified real estate appraisers and other experts to obtain accurate information about how much assets and debts are worth so they can be divided fairly.
If you suspect that your spouse is hiding assets, there are methods we can use to uncover those assets so they can be included in the property valuation and division process.
Finding Solutions to Untangle Your Assets
Typically, property division does not involve splitting every single asset and debt down the middle. Instead, in the divorce settlement or decree, the property is divided so that each spouse gets a fair share of the overall value of the community estate.
The lawyers at our firm are experienced at aggressively protecting our clients' rights and pursuing property settlements that meet their needs. Contact us to discuss how our experienced attorneys can help you seek the positive results you deserve. From our convenient offices throughout the Los Angeles metro region, we represent clients with significant personal assets in Santa Clarita, Beverly Hills and Southern California communities throughout Ventura County and the San Fernando Valley.
