Property Division Attorney
Los Angeles Property Division Attorney
Welcome To Our Law Firm
Where Tenacious Advocacy Is Available to You By Our Property Division Lawyers In Los Angeles
If you are facing the prospect of divorce, you likely have serious concerns about what this process will mean for your future, specifically your financial future. We understand this concern, and we help our California clients fight for fair property division settlements that set them up for long-term success. Our Los Angeles property division lawyers at MNB Law Group, Inc., will fight to protect your property rights and solutions that match your objectives.
Whether you own a profitable business or you want to stay in your family home, we work diligently to pursue results that are meaningful to you. There is no cookie-cutter solution for property division disputes, which is why our property division lawyers strive to custom-tailor a legal strategy that best suits you.
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We Help You Build A Strong Foundation For Your Future
In California, all property owned by spouses is either categorized as separate property or marital property. The marital property in a divorce is subject to equitable distribution and this equitable distribution largely depends on the competency of your property division attorney. Our Los Angeles, California property division lawyers work tirelessly to retain the fair distribution of marital assets for our clients. Together, we work towards building a brighter future for your post-divorce life by increasing the possibility of achieving the outcome you desire. We are committed to your success.
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How Is Property Divided In A California Divorce?
The end of your marriage will bring about significant financial changes to your life, including what property you can keep and what you will have to divide with your spouse. California is a community property state, which means that when there is no premarital contract in place, all debt or assets accumulated over the course of the marriage are subject to equal division between the two spouses. This includes the following:
- Real estate holdings
- Retirement accounts
- Credit card debt
- Valuable collections
- It is therefore critical for your future to seek a fair property division settlement, and our LA property division attorneys will help you do so either through negotiations or in litigation. Property division matters are often contentious, but we know what it takes to advocate for the best interests of our clients.
Steps For Dividing Property In A California Divorce
California divides marital assets under community property law. Regardless of whether you and your former spouse came to an agreement on how to divide the property or your case is being negotiated by a property division attorney in Los Angeles, California at a court trial, there are three important steps to dividing property in a California divorce:
- Determine whether the property, business, income or debt is community property or separate property
- Valuate the community property with the help of an appraiser
- Divide the community property, including property, income and even debt
Categories In Which We Serve
Offering Representation
Across A Wide Range Of Areas
Family Law Attorney
We offer clients both compassionate support and individualized counsel for a variety of family law concerns.
Divorce Attorney
Divorce is a complex process, and our goal is to secure terms that allow you to have a secure future.
Child Custody Lawyer
We help our clients address their child custody concerns and set realistic expectations for their post-divorce future.
Land Title Trust Lawyers
We can help you protect your privacy and keep your assets confidential by establishing Land Title Trusts for your benefit.
Mediation Attorney
Do you want representation in mediation? MNB can provide you with professional, experienced, and affordable assistance.
Estate Planning Attorney
MNB’s Estate Planning attorneys can help you create an Estate Plan that gives you peace of mind.
Business Law Attorney
We bring business insight, coupled with creative ideas and problem solving skills to our combined 35+ years of legal experience.
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Contact Our LA Property Division Lawyers Today!
Property division is a complex area of divorce and requires the assistance of a competent property division lawyer who has experience dealing with the negotiation, litigation and valuation of your property. The lawyers at our firm will work hard to negotiate an equitable distribution of your property for your post-divorce life and the best interests of your children. Our Los Angeles property division lawyers are happy to discuss your property division concerns and other divorce-related matters in a confidential initial consultation. Schedule yours by calling our Los Angeles office at 818-344-9200 or emailing us for an appointment. Our firm represents clients throughout the San Fernando Valley, Los Angeles County and across Southern California.
Frequently Asked Questions
Separate property is any property, real or personal, which is entitled to one spouse only. It includes gifts and inheritances.
In California, all community property is divided equally, including the family home. This may result in in a sale or the parties may come to an agreement as to the division.
Equitable distribution is a principle in divorce law that refers to the situation where the property is divided equitably between the former spouses at the time of divorce with the help of a property division lawyer.
Community property is the kind of property that is acquired by either of the spouses during their marriage. It can include income, property and even debts. There is a rebuttable presumption that any property acquired during marriage is community property.
In California, any business acquired during the marriage is considered community property and is subject to equitable distribution.
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