Property Division – Part of Every Divorce Settlement
Property division can result in heated disputes, second only to child custody issues. Those legal separations and divorces that sometimes lead to a bitter fight, do so over marital property such as the marital home , child custody, and child support. If there are no children your children are now adults (18 years old – or will be very soon), property division disputes will surely need to be negotiated in most divorce cases. When the property division disputes involve significant assets, the negotiations can become even more emotional, difficult and prolonged.
San Diego Divorce Attorney – Division of Property
Complex issues usually come up when it’s time to divide the property during divorce settlements, especially when it involves a business, stocks, or a dispute regarding community property classification. You are allowed to retain assets you acquired before marriage or inherited during your marriage and you are entitled to a portion of assets gained during the marriage.
The Schaffer Family Law Group, APC and our team of experienced family law attorneys, can assist you in locating assets and your rights to a portion of that property. In addition, if you have some separate property, the law office can assist you with retaining that property. Your divorce cannot be finalized until your property division component of your settlement agreement is approved by the court.
If you or your spouse are owners of a business, we can help obtain the most favorable outcome regarding the assets and income generated by that businesses for you.
Stocks and bonds present another complicated issue. If they come from the employer of a spouse, stocks and stock options can be considered income that should be used to determine spousal and child support payments. Attorney Sarah T. Schaffer, CFLS, LL.M has the experience to help determine the amount of support in these cases and who is entitled to ownership of stocks, bonds and other employer incentives.
Contact San Diego divorce attorney Sarah T. Schaffer, CFLS, LL.M at (858) 509-7907 to schedule a strategy session and talk over your concerns.