Encino High Net Worth Divorce Lawyers
Complex Property Division Cases in Los Angeles & the San Fernando Valley
Does your divorce involve significant assets and complicated financial issues? Are you concerned that your spouse is hiding property from you? Reach out to Aharonov & Revy Family Law for qualified legal assistance.
Our Encino property division lawyers have the necessary experience to handle your case carefully and knowledgeably. We are prepared to do what it takes to protect your rights and your financial future.
If you reside in Los Angeles of the San Fernando Valley, contact us today for our professional legal services.
Understanding the Property Division Process
The first step in any division of property matter is to identify which property is subject to division.
There are two main types of property in any marriage:
- Community property – Any assets that either spouse acquires during a marriage
- Separate property – Assets that were owned by one spouse prior to marriage, gifted to or inherited by one spouse only during the marriage, or obtained by one spouse after a legal separation
During a divorce, all separate property remains the sole possession of the spouse to whom it belongs. In other words, these assets are not divided among the spouses. Generally, a spouse has rights to do what they wish with their separate property. There are some circumstances where a court may temporarily restrict the sale of any separately owned real estate while the divorce is being processed.
All assets that are community property must be divided equally. This process is often more complicated than it seems, especially for couples who own significant assets.
Common community property that must be valued and divide includes:
- Retirement accounts
- Bank accounts
- Art, jewelry, and furniture
If you or your spouse is self-employed, owns a business, or receives considerable employment benefits, it is particularly important that you hire a team of high asset divorce lawyers. Doing so can ensure that all assets are disclosed, protected, properly valued, and equally divided.
Your Case Matters to Us
When assets in a divorce are significant or complex, make sure you have Aharonov & Revy Family Law on your side to help you navigate the legal process. Our Encino high net worth divorce attorneys have years of experience skillfully guiding clients through the most complicated cases. We can work to ensure that you get what is rightfully yours.
Call (818) 960-1330 today for reliable legal advice for your family legal matter.
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