You thought it was “until death do us part,” but now it seems you’ll be parting with a lot of your stuff and a hefty portion of hard-earned cash as well.
What should you expect during a divorce with regard to property division? Will it truly be an even 50-50 split, or do you stand to lose more than you realized?
How can you be sure the assets you worked so hard to acquire won’t walk out the door with your ex-spouse?
The best way to secure a fair outcome that protects your assets and keeps your best interests in mind is to hire a qualified family lawyer.
Leading up to the proceedings, they provide expert guidance regarding all processes. Due to their ample experience in the field, they will educate you on matters related to property division, like California’s definitions of community property and separate property, so you may set your expectations accordingly.
The lawyer will consider all the details of your divorce and make informed recommendations on how to proceed. By drawing on applicable experience and their knowledge of the law, they will help you develop a sound strategy that helps you in achieving your goals and holding onto the property you rightfully deserve to keep.
What’s Mine is Yours
Property division will split assets including, but not limited to, real estate, vehicles, bank accounts, retirement accounts, investments, business interests, and personal belongings.
In the state of California, a community property state, the court considers all assets acquired during the marriage to be subject to a 50-50 split. Your lawyer will advise, with this in mind, what will likely be split during proceedings, but there may still be chances to retain a greater share, if a case could be made on why that arrangement would be fair.
Without a qualified lawyer backing you throughout the lengthy and arduous process of property division, you run the risk of receiving an unfair settlement and giving up 50% of your assets or more.
Once proceedings are underway, your family lawyer will represent you and fight for your best interests. They will ensure you give up no more than what is truly fair, whether that means a clean 50-50 split with your spouse or assisting you in retaining additional assets that rightfully belong in your possession.
If you’re in the East Bay area, Bagner Law, PC boasts decades of experience and expertise to help guide you through the divorce process, guarantee the best outcome regarding property division, and support you through every step of the way. They keep your best interests in mind at all times to ensure you get what you deserve.
Find out more today. Call Bagner Law, PC now!