Property Division

Los Angeles Divorce Attorneys: Property Division

During a divorce, the division of marital property and assets can have a significant impact on the future of both parties involved. California is a community property state, and the law generally assumes assets acquired during marriage to be community property, with some limited exceptions. Assets and debts that were acquired prior to the marriage will typically remain separate property and will not be subject to division.

At the law firm of Russakow, Ryan & Johnson, we know that property division is not always as straightforward as it would seem. Our experienced family lawyers work closely with our clients to assess all property, assets and debts and determine which should be considered community or separate property. It is important that you consult with an experienced attorney to make sure that you secure a fair division of property that protects your rights and your future interests.

Contact us at Russakow, Ryan & Johnson and speak with us about divorce, property division and other family law issues.

Division of Property and Assets in a Divorce

When property, assets and debts are divided during a divorce, they are not necessarily divided evenly among the parties. Family law judges have discretion to consider a wide range of factors to arrive at a "fair and equitable" division of the assets and debts of divorcing spouses.

Personal assets such as homes, automobiles and other personal property are relatively easy to divide during a marriage dissolution. But more complex assets, including business interests, investments and retirement accounts, can also be considered community property. At Russakow, Ryan & Johnson, we will take into account every detail of your financial picture, including any relevant tax considerations. We will help you collect the proper documentation and develop a strategy to secure your fair share of the marital assets and property.

Contact us at Russakow, Ryan & Johnson

For more information about divorce, property division and other family law matters in California, contact us at Russakow, Ryan & Johnson. We will answer your questions and help you resolve your case in an effective manner that will not waste your time or money. Call us in Pasadena at 626.768.3320 or in Ontario at 866.674.7061.