Simi Valley Property Division Lawyer

Assisting Clients With Property Division in California

At Sua Law Group, we understand that property division can be a very complex and emotionally charged aspect of any divorce or legal separation. Our dedicated team of family law attorneys specializes in property division cases in Simi Valley. We are committed to providing you with the guidance and support needed to navigate through the intricate process of property division, ensuring that your legal rights and interests are under protection every step of the way.

Call Sua Law Group today at (805) 515-4070 or contact us online to schedule a consultation with our Simi Valley property division attorney.

What is Property Division?

Property division is the legal process of dividing assets and liabilities between spouses at the time of a divorce or legal separation. This process encompasses a wide range of assets, including real estate properties, financial accounts, personal belongings, investments, businesses, and more. It also involves the fair distribution of debts and liabilities accumulated during the marriage.

Property division is a crucial aspect of divorce proceedings, as it not only determines how assets will be divided but also impacts the financial well-being and stability of both parties moving forward.

How is Property Divided in California?

California follows a community property system when it comes to property division. This means that any assets obtained during the marriage are generally considered community property and are subject to equal division between spouses. This includes both assets and debts. However, it's important to note that not all assets are considered community property. Separate property, which is obtained before marriage or after the date of separation, remains with the respective spouse.

Property division can be a complex process due to the varying nature of assets and their values. Our property division attorneys at Sua Law Group have the experience to help you navigate these complexities and guide you toward a fair resolution.

California Property Division FAQ 

What constitutes community property in California?
Community property includes any assets or debts acquired by either spouse during the marriage, regardless of whose name is on the title. This can include income, real estate, vehicles, and retirement benefits. Gifts and inheritances given specifically to one spouse are exceptions and are considered separate property.

How is separate property treated in a California divorce?
Separate property refers to assets owned by one spouse before the marriage, as well as gifts and inheritances received by one spouse during the marriage. Separate property is not subject to division and remains with the original owner. It is crucial to provide clear documentation to establish and protect one's separate property.