Property Division in a Riverside Divorce
Riverside Divorce Lawyer
When spouses decide to divorce, they must address the division of their property. In the state of California, property division can be determined by a signed, mutually agreed upon Marital Settlement Agreement, or by the courts toward the end of the divorce process. Seeing the state of California is a “community property” state, all property and debt acquired at the start of the marriage, till the end of the marriage, is subject to distribution.
Any property that was acquired before the beginning of the marriage or after the termination of the marriage is considered “separate property”. Things such as outside gifts or inheritances may also be classified as separate property. Separate property is not subject to distribution between the two spouses.
Hiring the Right Riverside Property Division AttorneyProperty division in a Riverside divorce can be complex not only because of the legal and financial ramifications but because this is often an emotionally charged topic. Who will live in the family home? What will you do with all the property you acquired during your marriage? What may be considered "separate" property? A
Riverside divorce lawyer with extensive experience in this field can offer valuable insight into these matters, answering all of your questions and acting quickly to protect your interests.
At the Law Offices of Michael R. Young, we offer our clients compassionate and knowledgeable legal counsel in all of their family law matters. This includes property distribution in a divorce or legal separation. We are ready to see how we can help you. We take on cases throughout the Riverside area and offer a confidential consultation to help you get started.
Contact a Riverside divorce attorney
at our firm to talk about how your property, assets and debt may be affected at the legal end of your marriage.
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