Community Property and Separate Property
In California all property acquired during a marriage is presumed to be community property, but this presumption can be rebutted. Businesses, real property, investments, and personal property such as jewelry, art and automobiles are all subject to community property law.
Dividing the family home and other real property can be expensive and complicated. A Certified family law specialist can make the process simpler and make sure the highest value is received.
Valuing a business can be one of the most complex issues in many divorces. Obtaining information and a fair valuation can be difficult for the “out spouse”. The issue of double dipping is also an important issue when income from a parties’ business will also be used for determining spousal support. Don’t pay too much, or ensure that you are getting your fair share by hiring a Certified Family Law Specialist to assist with property division as part of your Dissolution of Marriage or Legal Separation. Call the Law Offices of Matthew L. Rich for a free consultation to discuss your case.