CALIFORNIA PROPERTY DIVISION ATTORNEY
Jan. 22, 2022
California is a community property state, so the law assumes that each spouse shares equal responsibility for the assets and debts accumulated during the marriage. However, it’s often a complex task to divide that pool in a manner that ensures a fair and even outcome.
Community Property Settlements
At The Law Offices of Steven E. Springer, we have experienced business attorneys with a thorough understanding of sophisticated financial instruments, residential and commercial real estate, tax liability and debt management. We have more than 30 years of experience safeguarding our clients from the pitfalls associated with transferring or retaining assets and obligations. If you want the best possible representation in the allocation of your community property, contact our marital property lawyers at The Law Offices of Steven E. Springer in San Jose, Morgan Hill or Fremont.
Achieving an Uncontested Divorce through Property Division
An uncontested divorce is the best way to save expense in finalizing your divorce. You can achieve an uncontested divorce through traditional negotiation, mediation or collaboration. However, you should most importantly make sure that the attorney representing you has a sound business background and understands the implications of dividing all of your assets and debts.
In addition to our Family Law practice, The Law Offices of Steven E. Springer maintains a thriving business law practice. Our skilled family lawyers work diligently to produce a thorough inventory of your assets and liabilities with accurate valuations and projections. We understand the tax consequences of liquidations and make every effort to preserve your wealth for your life after your divorce. For clients who are not financially sophisticated, we explain how different instruments operate and how a Qualified Domestic Relations Order (QDRO) affects retirement funds such as 401(k)s and IRAs. In addition, we can evaluate a prenuptial or postnuptial agreement to assess its impact on your property rights.
Avoiding Pitfalls in Debt Divisions
It’s not enough to divide the bills between yourselves and promise to pay. You’ll find that many of your spouse’s debts are not their sole responsibility. You’re jointly liable. Therefore, if your spouse doesn’t pay, you are equally responsible. Our property division attorneys study the fine print and craft an agreement that frees you from liabilities assigned to your spouse. Our thorough approach to community property distribution ensures that nothing comes back to haunt you.
An accurate and fair division of property is the key to your financial security after divorce. For the professional assistance you need to ensure a fair outcome, schedule a free consultation in Morgan Hill, San Jose or Fremont. Contact The Law Offices of Steven E. Springer today.