Property Division Attorneys in Pasadena
Helping Clients Protect Their Assets
If you and your spouse do not have a prenuptial or postnuptial agreement in place that dictates how property will be divided, you will either have to hash it out through an alternative method of divorce, such as mediation or collaborative divorce, or in court. If you go through divorce litigation, your property will be divided according to California’s community property laws, which means they will be divided equally. At the Law Offices of Christopher L. Hoglin, P.C., we can help you protect your separate property to ensure what is yours remains off the chopping block.
Contact our office today at (626) 653-4075 to schedule a confidential case review to learn more about your options and how we can assist you.
Is it Separate Property or Community Property?
People often shudder at the thought of divorcing in California since they assume all property will be divided equally. However, only community property, or property that was acquired throughout the duration of the marriage, will be subjected to division. Separate property, which includes inheritances, gifts, or property you owned prior to the marriage will remain untouched.
That said, these issues are not always entirely straightforward. Throughout the course of a marriage, it is not uncommon for assets to commingle. For example, if you purchased a house before you tied the knot, but your spouse later contributed to the mortgage payments, it would no longer be considered separate property. Complicated matters such as this are why it is necessary to hire a skilled attorney.
The Chopping Block
When it comes to dividing property, you do not necessarily have to just take what a judge orders. For example, if there are certain items that are more important to you than they are to your spouse, you might want to buy out his or her portion of it. If you both own equity in a house, and one of you would like to keep it, or neither of you can bear to sell it, there are several solutions for this predicament as well. If you are both still on amicable terms, you might even decide to keep the family home as an investment property, sell it at a later date, and equally divide the proceeds.
Contact a Divorce Attorney and Learn More About Property Division Today!
If you are in the process of getting a divorce, you need a skilled divorce attorney on your side to help you protect your assets and property. At the Law Offices of Christopher L. Hoglin, P.C., our experienced team of family law attorneys will help you navigate this process and ensure you avoid making unnecessary or costly mistakes.
Contact our office today at (626) 653-4075 to request a case review with one of our knowledgeable attorneys to discuss the details of your case.
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