An Experienced Property Division Lawyer Can Defend Your Rights

The division of marital property is one of the major focuses of any divorce case. The proper characterization and valuation of every community asset—including credit and debt—are essential to achieving a fair and just property settlement.

property division lawyer at our Manhattan Beach, CA, firm can handle property division matters for you, helping you achieve a fair outcome. Rombro & Associates can provide you with the skilled representation you need in any property division matter, including complex cases involving hidden assets.

Property Division during Divorce

Dividing property during a divorce can be a complex process. It is important to make a list of all property and assets. Among other things, your list could include:

  • Your house or other real estates
  • Cars
  • Bank accounts
  • 401(k)s and other retirement assets
  • Stocks and other investments
  • Pensions
  • Business assets
  • Credit and debt
divorce property division

Community Property versus Separate Property

It is important to note that some assets may be considered community property, while others are categorized as separate property. 

With certain exceptions, community property is any asset acquired or income earned by a married person during the marriage. Community property may include a home, vehicles, retirement assets, bank accounts, and business assets.

Separate property includes property owned by the person before marriage and any rents or profits derived from it. It also includes property acquired by the person, even during marriage, by gift or through inheritance. An important step in the property division process is the proper characterization of assets as either community property or separate property.

Complex Property Division

How do you account for the labor contributed by a spouse to a business or professional practice owned or managed by the spouse during the marriage? What if the spouse is a partner in a business that may later be sold? How do you value the goodwill of the business, and how do you measure the contribution of the spouse to building that goodwill? If one spouse works to support the other spouse through medical school, is the working spouse entitled to any return or reimbursement when the marriage ends? A qualified and experienced divorce attorney is familiar with these complex issues and can help you understand your rights under California community property laws.

A qualified and experienced divorce attorney is familiar with complex laws surrounding divorce property settlement and can provide the correct guidance and legal help.

Division of Debt

Debt division can be just as complicated as property division, if not more. It can be especially complex when it comes to mortgages and similar obligations. 

An experienced attorney at Rombro & Associates can help you navigate these complex matters, helping you ease an already stressful period of your life.

Contact Us

Achieving a fair outcome in matters of property division requires proven expertise in the often complex area of divorce law. If you have questions regarding the outcome of a potential property division during a divorce in California, contact our property division lawyers for a confidential consultation.

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3405 Sepulveda Blvd
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Manhattan Beach, CA 90266

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Manhattan Beach Office

3405 Sepulveda Blvd
Ste 200
Manhattan Beach, CA 90266

Open Today 9:00am - 5:00pm

More Info Directions (310) 545-1900