Rancho Cucamonga Property Division Lawyer
Division of Property: Understanding Community Property Laws
When it comes to the division and distribution of property in a California divorce, the laws claim that the process should adhere to the laws known as community property law. California is one of nine states within America that follow this belief - essentially stating that any property that is gained by the parties during the course of the marriage is "community property" and that each party has a 50% ownership of it. This does not extend to property that was owned prior to the marriage or property that was given as a gift. Property that is acquired in these two ways is instead deemed to be separate property and is not eligible for division.
Talk to a Rancho Cucamonga divorce attorney!
One of the most important aspects of a divorce process is the dividing of property, assets and even debt. The splitting of property between partners can be complex and can cause the need for complex calculations. If you are currently looking for experienced guidance through this process, it is highly recommended that you get the involvement of a knowledgeable Rancho Cucamonga divorce lawyer that you can trust.
This is not an impersonal area of the law - it is something that will impact your life in profound ways and it is something that should be handled with extreme care and regard. At Cho, Sheasby, Chung & Ignacio, LLP, we are aware of the high stakes that are involved in a situation such as this and we are dedicated to ensuring that our clients walk away with an equitable and fair amount of the property. If you are looking for this level of care and support, please do not hesitate to give us a call as soon as possible.
Please do not hesitate to contact a Rancho Cucamonga property division attorney
from our firm today.