Long Beach Property Division Lawyers
Assisting in the Fair Division of Marital Assets
One of the most complicated parts of any divorce is sorting out who will take ownership of shared assets. Because couples can rarely agree about how their assets should be divided, they usually hand the matter over to a judge to decide for them. However, this is often the biggest mistake they could make.
At Alternative Divorce Solutions, we strive to help couples remain in control of their divorce agreements. Through the process of divorce mediation, we empower spouses to work together to make their own decisions and address issues on their own terms. Our Long Beach property division lawyers have over 10 years of experience guiding clients through the process of dividing their assets fairly.
Types of Marital Property
In California, there are two types of marital assets: separate property and community property. Separate property covers all of the assets that were acquired by either spouse before marriage, and thus solely belong to one spouse. It also includes gifts or inheritances that are explicitly given to one spouse during the marriage. Separate property is not divided between the spouses during a divorce.
Community property must be split equitably between the spouses during dissolution proceedings. When couples can reach an agreement that is fair on their own, they can save the time, money, and stress of going to court.
There are several forms of community property, including:
- Bank accounts
- Personal property
- Mutual funds
- Retirement funds
- Real estate
Contact Our Attorney-Mediators Today
Calculating the value of your assets and figuring out how to divide them fairly can be challenging. When you hire Alternative Divorce Solutions, our Long Beach property division attorneys can take care of the hard work for you. We can help facilitate a peaceful conversation between you and your spouse and ensure that you reach a positive solution.
“Thank you for all your knowledge, conscientiousness, and kindness.”- Beverly
“First and foremost, I found that I had a lot to learn about the divorce mediation process. I did not exactly know what the role of the mediator was or if we would still have to go to Court.”- Donald B.
“I was so stressed out before I went to ADS. Once I got there Lani sat with me and my husband and explained the whole mediation process. After I left I knew exactly what to expect and ADS lived up to my expectations.”- Giz S.