California Asset Division Attorney
An essential part of every marital dissolution or divorce is the division of assets and debts. It is well-known that California is a “community property state,” meaning that all assets acquired during the marriage are part of the marital estate owned by both spouses.
There are significant other legal aspects of property division in a divorce that may be overlooked. For example, determining the true community value of the family residence can be complicated:
- By how much was the loan principal reduced during the marriage?
- By how much did the home appreciate?
- Who made the down payment, and with what funds?
- What about taxes, mortgage interest and home improvement expenses?
Contact Miler & Associates to schedule an appointment with a lawyer who understands and applies subtle nuances to property division in divorce. Our clients are reassured that we will work hard to protect their rights when assets and debt are divided in divorce, including the following:
- Real estate
- Cars and other vehicles, such as boats and RV’s
- Personal property such as household goods
- Antiques, collectibles and jewelry
- Stocks and bonds
- Retirement accounts
- Credit card debt
- Other debt and obligations such as home equity loans, boat loans, vacation timeshare contracts, family loans and business loans
- Back taxes due
Evaluating the Value of the Marital Estate
As necessary, we employ forensic CPAs to analyze our clients’ financial statements to ensure that business assets and liabilities are taken into account fairly. We also ensure that the marital estate is properly evaluated. To ensure your interests are protected, the attorneys at Miller & Associates will counsel you on every aspect of the property division process, and ensure that your home and other assets are valued by reputable and reliable appraisers. We will help ensure that you do not increase litigation by having competing appraisals. We will also ensure that all appropriate credits and charges to the community are accounted for to maximize your interest in the division of the community estate.
Reimbursement of Separate Property
California family codes 2640 and 2641 clearly spell out concepts such as “ contributions to the acquisition of the property” and “ reimbursement” that will affect the final determination of a marital estate’s total worth. Call Miller & Associates and set up a $25 1/2 hour consultation with an attorney to discuss your possible separate property claims.
Clients of Miller & Associates are reassured that we work carefully to keep attorney’s fees down while at the same time safeguarding their interests in the property division phase of divorce.� Contact the law firm to schedule a consultation.
Miller & Associates offers limited scope legal services. The scope of the services our attorneys will provide will depend on what you want them to do. For example, if you want an attorney to research the property division aspects of your case so that you are confident your agreement with your spouse is fair, then we can help you. If you need an attorney to represent you in Court on a property or reimbursement issue, or require an attorney to properly divide your interest in your spouse’s retirement account(s), then an attorney at Miller & Associates can help you. Call our office to learn more about this alternative: 916-780-0848.
