Are you going through the divorce process or are you about to? If so, you’re probably wondering how your property and assets will be divided, and whether there is any way for you to keep certain properties. Largely, whether a state is a community property state contributes to how property is divided during a divorce. Please continue reading and reach out to an experienced Los Angeles divorce attorney from the Zitser Family Law Group, APC today to learn more about whether California is a community property state and what it may mean for you. Here are some of the questions you may have:
What is a community property state and is California one?
Most states are not considered community property states, but California is. Essentially, in a community property state, courts will assess which property is marital property and divide that property between spouses 50/50. Marital property entails all property acquired over the course of a marriage. This can include a house, car, assets accrued in bank accounts, and more. Rather obviously, with the prospect of losing many of these assets, it’s critical that you hire a knowledgeable Los Angeles division of assets attorney who can help you fight for what’s yours.
What can I do to protect what’s mine?
Fortunately, there are several steps you can take to protect your assets from the pitfalls of a divorce. The simplest way to protect your assets (if you are not yet married) is by drafting a prenuptial agreement. Essentially, a prenuptial agreement outlines exactly which assets are yours, which assets are your spouse’s, and, in some cases, can include additional provisions, such as a potential future alimony agreement.
That being said, if you are already married, though it’s too late to draft a prenuptial agreement, you can still draft a postnuptial agreement, which serves the same basic purpose. Though it may not be a particularly enjoyable conversation to have, requesting a postnuptial agreement is one of the best ways to protect your assets. Finally, if you’re about to get divorced and there’s no hope of drafting either of these agreements, your best bet is to hire an experienced divorce attorney who can work to best protect your assets.
If you have any further questions about how community property is divided here in the state of California or you need an attorney who can help you protect what’s yours, simply pick up the phone and give us a call today.
Contact our experienced Los Angeles firm
Divorce and family law issues are notoriously complicated and personal, which is why you must hire an attorney with years of experience, as well as the compassion and skill needed to handle these sensitive matters. For the qualified, dedicated legal representation you and your family deserve and need, contact Zitser Family Law Group, APC today.