Dividing property after a divorce can become the most contentious part of the process. This is especially true when a couple has a complex array of assets or higher income levels. Property division is required by law, but fairly dividing the property can be incredibly complicated. At the Law Offices of Ronald K. Stitch, our Thousand Oaks complex property division attorneys will get to work on your case today so you can have peace of mind tomorrow.
Property division can be challenging
California is considered a community property state. The laws here define that any property acquired during a marriage is considered jointly owned (community property). This significantly impacts divorce and requires that all property be split equitably between the two parties. Divining assets is even more complicated when there is a range of assets and when these assets are considered “high-value.”
Consider the following that may need to be divided in the event of a complex property divorce case:
- Investment portfolios (stocks, bonds, mutual funds, ETFs, REITs, etc.)
- Retirement accounts (401ks, IRAs, pensions, etc.)
- Stock options related to employment agreements, business interests, etc.
- Real estate (marital home, second homes, vacation homes, commercial property, investment property)
- Any businesses or professional practices owned by either party (these will need to be valued appropriately)
- Investments and collectibles, including things like art collections, jewelry, cars, and more
- Any other property between the two parties
How to be sure this is done correctly
Looking at the list above, this process could become incredibly in-depth and require extensive investigation. Your Thousand Oaks complex property division attorney will work with accounting and financial experts to ensure every detail is done correctly.
In most cases, your attorney will use the discovery process to obtain all evidence necessary for this case. This will allow your attorney to uncover proof of all assets, even if your spouse is trying to hide anything. This will include a demand for financial documents such as tax returns, loan applications, bank records, etc. Your attorney could also require your spouse to testify under oath about their assets.
Importantly, your attorney will handle all negotiations between you and your spouse’s legal team to ensure a fair settlement.
Let us get to work on your behalf
If you are going through a divorce, you should have an ally who will have your back and ensure you are treated fairly. This process can be even more complicated when you begin dividing assets. At the Law Offices of Ronald K. Stitch, our knowledgeable and experienced team will help you through this. We understand complex property division issues in Thousand Oaks and will vigorously work to ensure you receive your fair share. You can contact us for a free consultation by clicking here or calling (818) 707-0202.
