Property Division in Orange County
California is a state with community property laws in regard to divorce. That means that all marital property will be split equally between both partners. Sometimes the division can cause disagreement and friction between spouses. For example, what is marital property? This can be a common cause of contention in a divorce. Generally, if your property falls into the following categories, it can be considered marital property:
- Debt incurred by both parties during the marriage
- Assets incurred by both parties during the marriage
- Marital home
- Business assets built during the marriage
- Any commingled assets even if built before the marriage
- Any commingled property even if purchased/owned before the marriage
The issue of what is non-marital property has the same type of disagreement in many divorce cases. In California, non-marital property is:
- Inheritance
- Gifts received
- Assets acquired before marriage and not commingled
- Assets acquired after separation
If you have questions or concerns about marital property and property division in Orange County, an Orange County property division lawyer at the Law Office of Bruce C. Bridgman can offer you legal counsel in the matter.
It doesn’t matter if you are planning on settling your case in or out of court; your attorney will give you the same attention, care and dedication. Mr. Bridgman believes that every divorce is different and should be handled as a unique situation. You will always receive the attention to detail and personalized care that you deserve.
Divorcing in Orange County?
If you are already going through an emotional and draining process, the last thing you need is more contention. That is why your Orange County property division attorney will always work tirelessly to get your issue resolved in a manner that suits your needs. When you have the help of a skilled attorney who has years of experience handling divorces in California, you have an invaluable ally and asset in your corner.
Contact an Orange County Property Division Lawyer at the Law Office of Bruce C. Bridgman today if you have property division issues.