William D. Evans is the most experienced of Long Beach attorneys. When it comes to his specialty of California family law, and specifically marital property division; he is the best family law attorney you could choose. This is an important component of divorce in California that put a big cloud over your financial future, if it is not handled properly and carefully.
One of the main issues in a divorce in California is the division of community property. Any property acquired by you or your spouse during marriage will be divided equally by the State of California. California is a community property state. In a community property state, each party is entitled to receive one-half of the real and personal property obtained during marriage and prior to separation. In a divorce; all property acquired, all debts and liabilities incurred during the marriage, and all debts and liabilities incurred prior to separation will be accounted for. Provisions must be made so that each party assumes equal responsibility for satisfaction of the marital debts and receives one-half the net value of the marital assets. Property acquired by you prior to marriage or through inheritance is separate property and not subject to equal division; except in the circumstance that this property is comingled during the marriage. It is important to identify the assets and debts of the marital estate and determine whether the assets are community property subject to equal division. It is equally important to retain a Long Beach Law Firm that will fight for your rights when opposing counsel makes the argument that your separate property IS community property.
The achievement of an equal division of community property in California may become complex under certain circumstances. These include when one or both spouses operate a family business, are members of a partnership, limited liability company or professional corporation, or derive income from stock trading or other investments. Tracing, valuation and division of marital assets under those circumstances requires a sophisticated and experienced lawyer and expert witnesses. As the result of his experience and his strong relationships with many qualified professionals, William D. Evans, Long Beach marital property division attorney, can help you identify, value and divide the community assets and debts of your marriage and ensure that you receive one-half of the community property upon divorce.
Most married couples own a home, furniture, and automobiles as community property. A married couple may also have any of the following in community:
- Retirement Accounts and Annuities
- Pensions and Profit-Sharing Plans
- Stock Portfolio and Stock Options
- Checking and Savings Accounts
- Life Insurance Policies
- International Property
- Rental Properties
These additional items of community property must be itemized, valued, and equitably divided as part of the division of marital property upon divorce. Having a skilled attorney and legal team on your side can make the process much easier and lead to a fair resolution of your property division issues.
Division of marital property in California is a serious process. There is the possibility that your divorce could be amicable. The safe bet is to discuss your options with a lawyer before jumping into a divorce battle, filing for divorce in California, or even threatening divorce. Without a plan of action, and superior team of legal expertise behind you, the results may not be in your favor.
If you are considering separation or divorce, and your case will be tried in any family law court Los Angeles; start a conversation with the best family law attorney Los Angeles. We have experience in all venues of family law in the local area; from Los Angeles courthouses to Orange County courthouses. Choose the Long Beach Attorneys you can trust, William D. Evans, APLC.
Remember, William D. Evans is not only a family law attorney…he teaches the law. As a professor in the field of family law, he is especially suited to handling your divorce in California.
William D. Evans offers a free 30-minute initial consultation. Call William D. Evans at (562) 439-9001 to discuss your options today.