San Bernardino Property Division Lawyer

Riverside Property Division Attorney

If you are facing a divorce or a legal separation then you are probably thinking about how your property and assets will be divided. During the divorce process the parties and their lawyers will need to determine the status or nature of the property and when it was acquired. Property s divided into two categories, which will be either Community or separate property, and each category carries with it certain legal rights. The nature of these property rights are discussed below. Community Property

California is a community property state, which generally means that anything acquired during marriage is considered the property of the community. A community property asset will have to be dealt with during the divorce proceedings, which means that either the parties or the court will decide on how the asset is going to be split or how the value will be transferred to each party equally. Some examples of community property are real estate, bank accounts, 401K, Retirement accounts, investments, debts, and loans.

San Bernardino Property Division Attorney

Separate Property
Generally speaking anything acquired before marriage, through a gift, inheritance, or after divorce or separation will be deemed one’s separate property. However, separate property can become community property under certain circumstances.

Call our family law offices today if you are considering a divorce or legal separation or you are currently in the divorce process and wish to have legal assistance in obtaining the property that you are entitled. We always offer a FREE over the phone consultation to discuss your case in detail.