There are few things more complicated than divorce, and though divorce is often an emotional process, it is also frequently a complicated financial and legal process as well. One of the most important divorce-related issues involves the division of assets, as oftentimes, spouses cannot agree on which assets belong to whom. While the equitable distribution process is often far from simple on its, own, when complex assets are involved, it can become far more difficult to discern who will get which assets. If you are currently going through a divorce and you cannot agree on who is entitled to what property, especially certain complex assets, you must read on and reach out to our knowledgeable California divorce attorneys to learn more about complex assets, divorce, and how we can guide you through every step of the legal process ahead. Here are some of the questions you may have:
What defines complex assets in the divorce process?
While many divorces involve discrepancies between who is entitled to various standard assets, such as the marital home, vehicles, and more, there are certain assets that are known as complex assets. They are as follows:
- Separate property, such as a home that one spouse purchased before marriage, that the other spouse contributed to and improved during a marriage.
- Gifts, inheritances, and trusts
- Intellectual property
- Time-share properties
- Stock options
- Hidden assets (though no spouse should ever hide assets from the other spouse during a divorce, we find that this does happen from time to time, and if it has happened to you, there is a very good chance that it will complicate your divorce)
- Collectables, jewelry, and other unique assets
- Real estate investments
- Retirement funds
Why hire our California divorce attorneys to represent you?
For years, our experienced California divorce attorneys have effectively represented couples who’ve had various property disputes, and we are ready to put that experience to work for you as well. We also frequently work with forensic accountants and other third-party experts who can help properly value assets and assist us in fighting for what is rightfully yours. Our firm also comprises several attorneys who are experienced with the mediation process, and if you are looking to resolve your divorce and any property disputes outside of the courtroom setting, our firm is here to help you with that as well. Regardless of your situation, we are here. 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.