While reaching an amicable marital agreement in any divorce procedure in California, division of community property often creates hurdles. The attorneys at The Law Office of David A. Martin & Associates are experienced professionals in community property disputes and help couples in reaching a fair division of the marital community property and make sure both parties are in agreement about the two main issues: the actual make up of the joint properties and any associated obligations including accurate monetary value of all the assets.
Community Property Characterization
If a property is purchased or any debt took place during the course of marriage, it is accepted as belonging to the marital community and comes into play while dividing up the assets in a divorce procedure.
There are two vital exceptions to community property characterization: gifts and inheritances. Also, a pertinent prenuptial or postnuptial accord can change the characteristics of an asset division quite dramatically.
If you need any help regarding community property disputes, contact The Law Office of David A. Martin & Associates for a free initial consultation.