Asset & Debt Division
Dividing your marital property often means parting with half of your assets, some with vivid memories and emotions attached. At the Law Office of Earl Robertson III, we know this can be a difficult process, which is why we work to create a strategy to put you in the best position to receive a fair and equitable property & debt division.
Property division in State of California concerns whatever assets and whatever debt you and your spouse accumulate during the cohabitation and course of the marriage. It does not concern assets or debts accumulated before or after marriage/cohabitation.
Certain types of property and debts are not entitled to a community split under California family law; such property/debt is considered the separate property or debt of the spouse that accumulated it. In addition, property acquired through inheritance, gift or bequest, and injury settlements or awards is considered separate property.
This is a very broad overview of community asset and debt division. There are many nuances to this area of law. It is important that you contact us to protect your rights concerning your property and not be unduly burdened with more than your fair share of debt.
CONTACT OUR LAW OFFICE TO FIND OUT HOW WE CAN ASSIST YOU
To learn more, contact us using the form below or at 951-977-9828 to schedule a free consultation. Spanish translation services are available.