Murrieta Property Division Lawyer
How Are Assets Divided in a Divorce? Talk to Our Attorneys!
In the absence of a prenuptial agreement, it is still possible to negotiate a favorable outcome in the property division phase of a divorce. If your division of marital assets and property is in dispute in California, and you fear losing ownership of holdings that are rightfully yours, you could benefit from the support and guidance of an experienced contested divorce attorney.
At the Law Offices of Michael D. Iverson, APC, Michael D. Iverson works hard to help you retain your financial investment in your marriage. He established the firm to serve the legal needs of people like you, at one of the most difficult times in your life. Due to our founding attorney’s commitment to excellent service, he has received the distinction of being named as a 2017 and 2018 10 Best Attorneys in Client Satisfaction by the American Institute of Family Law Attorneys.
You can trust our firm to fight for your best interests and provide you with personal service. Contact us to set up an appointment where you can learn more about your options.
Protecting Your Share
"Equitable distribution" of money and property as it appears in a settlement agreement cannot be modified later. Therefore, as your lawyer, Mr. Iverson strives to get it right the first time.
He carefully researches the origin of every marital asset, including:
- Real estate, including primary, secondary, vacation, and retirement residences
- Motor vehicles, boats, and personal watercraft
- Checking and savings accounts
- Deferred and 401k retirement income
- Stocks, stock options, and bonds
- Any assets concealed offshore or set aside in someone else's name
- Association memberships, family heirlooms, and collectibles
The Difference between Community Property and Non-Community Property
In California, a big factor in determining who will receive what in a divorce is whether the asset in question is considered community property or non-community property.
- Community property: This includes everything that was acquired during the marriage, including all earnings and debts, unless the debt was accrued by an item considered the separate property of the spouse and the creditor looked to that spouse specifically for payment.
- Non-community property: This is also known as separate property and typically includes anything given or awarded specifically to a spouse. It also includes anything that was bought with the separate funds of a spouse.
Trust the Law Offices of Michael D. Iverson with Your Case
Backed by more than 10 years of experience, Michael D. Iverson is the skillful, knowledgeable legal professional you can trust with your finances and future when a contested divorce becomes contentious and the threat of litigation looms. Stand up for your right to end your marriage with the dignity it deserves.
Contact our law offices to secure an initial consultation by calling (951) 418-2770.