Protecting Your Assets During Divorce in Irvine
Introduction
Property division is a central issue in divorce cases. Knowing your rights and responsibilities can help you safeguard your financial future.
Community vs. Separate Property
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Community Property: Acquired during the marriage and typically divided equally.
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Separate Property: Owned prior to marriage or received as a gift or inheritance.
Complex Asset Division
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Retirement accounts and pensions
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Real estate investments
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Family-owned businesses
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Debts and liabilities
Importance of Accurate Valuation
Proper valuation of assets is essential to ensure fair division and prevent future disputes.
The Advantage of Legal Support
An Irvine Family Law Attorney provides valuable guidance on protecting your assets and negotiating equitable settlements.
