Property Division

When spouses decide to go through with their divorce, the division of their property must be addressed.  If spouses are able to come to a mutual understanding regarding the division of their property, and the agreement is fair to both sides, they can create a property arrangement.  However, when spouses cannot come to an agreement regarding the distribution of their assets, the family court must get involved, and a judge must divide the property accordingly.

Marital Property vs. Separate Property

Before property is divided, the court most sort through what is marital property and what is separate property.  Marital property is usually regarded as any property that is acquired throughout the duration of the marriage.  This may include homes, cars, property, 401k, savings, and debts.  Separate property is usually considered any property that was acquired before the beginning of the marriage, third party gifts, or inheritances. 

After property has been categorized, it will be divided by the court, and the division may not be 50/50.  In that state of California, the court may base its decision upon other factors, and reward property in accordance with those factors. 

Working with a Riverside Divorce Attorney

Whether you are going through a contested or uncontested divorce, and property division is a concern, it is usually in your best interest to hire a reputable Riverside divorce attorney.  A divorce attorney can review your case with you and point out important factors that could greatly impact the result of your case.  A divorce attorney will also place every effort into securing the best possible outcome for you and your children. 

Law Office of Michael R. Young Riverside Divorce Attorney

The Law Office of Michael R. Young was established in 2007.  At the Law Office of Michael R. Young, we handle family law related matters, with a special emphasis on divorce, child custody, child support, spousal support, and property division matters.  Michael R. Young is an experienced, dedicated Riverside attorneys who remains focused on his clients’ best interests throughout the legal process.  We do everything we can to give our clients the advice and resources they need to be effective both in and out of court.

At The Law Office of Michael R. Young, prospective clients’ always receive free case evaluations.  During your free case evaluation, we will discuss your case with you in detail and advise you of all possible legal options.  We are committed to protecting your rights and well-being. 

If you need help with a family law or divorce matter, contact our law firm today.