VENTURA ASSET & PROPERTY DIVISION LAWYERS
Legal Representation for Matters Involving Community Property During Divorce
Determining asset and property division is an important part of the divorce process. California is a community property state, which means that there is a general presumption that both spouses are entitled to one half of property acquired together during their marriage.
Unfortunately, asset division during a divorce is not as easy as it might seem. There are many other factors to consider when dividing assets, such as:
- Who should get the marital home?
- What happens to shared debts?
- How should a property be divided?
- What do you do if you suspect your spouse has hidden assets?
- What are the separate property claims of either spouse?
- How do you trace the separate property or community property claims?
An asset and property division attorney can walk you through this process, answer any questions you might have and assist you with property valuations.
How Are Assets & Property Divided in California?
According to California’s community property laws, both spouses own all assets and debts acquired together during their marriage. If they get divorced, they must divide these assets equally. They can divide these assets by allowing one spouse to buy out the other, selling the assets and dividing the amount equally, or assigning certain assets to each spouse.
Spouses have the option of deciding how to divide these assets as equally as possible, or they can go to court to seek assistance from a judge.
When it comes to property, spouses will need to determine which property can be divided. Community property can be divided; on the other hand, separate property does not legally have to be shared or divided equally.
Understanding Community vs. Separate Property in Divorce
In California, property acquired during the marriage is presumed to be community property, subject to separate property contributions to the acquisition of the property. Property that is determined to be community property is equally owned by the spouses. Separate property is property that was acquired before the marriage, after the date of separation, or by gift or inheritance.
Strategies for Fair Property Division in Ventura
The following steps should be considered when you and your spouse decide to divide your property:
- Determine whether your property is community or separate property
- Figure out what the value of your community property is
- Decide what you and your spouse want to do with your community property
- Decide how to divide your community property
- If you need assistance, hire an experienced attorney
How Our Ventura Asset & Property Division Lawyers Can Help
Our attorneys are experienced in representing clients in complex divorce matters involving extensive assets. When appropriate, we will engage the services of qualified experts for community property appraisals or valuations. A thorough review and analysis of your financial assets and liabilities could result in a reasonable settlement without the necessity of costly, protracted litigation.
Contact us online or via (805) 222-7818 to book a consultation to discuss your case today.
An Emphasis on Strong Family Values
Our firm places a strong emphasis on the importance of family values. The balance between maintaining these family values and generating a better future for you and your family is one we strive to achieve with each case. Our values consist of:
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Holistic Approach
We aim to resolve conflict so you and your family can move on peacefully. We approach all aspects of a case, including the emotional, financial, and mental components, and advocate with you throughout.
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Collaboration
Collaborative divorce can be a great option for spouses looking to share joint custody of their child/children and the court looks favorably on this decision. When possible, we strive to come to a resolution that will benefit both spouses.
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Children Come First
We respect the fact that our clients trust us with important life-decisions. We strive to be as understanding and empathetic as we can with you and treat you like we would treat a close family member.
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Compassionate Legal Services
We respect the fact that our clients trust us with important life-decisions. We strive to be as understanding and empathetic as we can with you and treat you like we would treat a close family member.
Our Satisfied Clients
Real Stories from Real People
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“Working with Donna Santos and Michael Mehas was such a blessing.”
“Working with Donna Santos and Michael Mehas was such a blessing.”- Melissa A. -
“Donna obtained a good result for me, for which I am ever grateful.”
- Carla H.I met Donna Santo over 20 years ago, when I needed an attorney to represent me in a post-judgment custody dispute trailing across three states due to my nomadic military background. As prior military I had a great respect for the courts. I met Donna first, and she scared me. But of course that was what I wanted: a sharp, assertive attorney. The onset of that custodial dispute marks one of the most horrible periods of my life. Fortunately, Donna and her team were my guides as well as my advocates. To this day, when on occasion I have needed a family law attorney, I have called Donna. She has always obtained a good result for me.
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“Donna Santo is a very professional lawyer”
- KathyDonna Santo is a very professional lawyer, along with a very professional staff. I was searching for a lawyer familiar with military law, and Donna was the top of the search!! I needed a divorce attorney, and she has amazing military knowledge. She kept me up to date on everything and if I did not understand something she was very patient and explained in detail, until I completely understood the situation. When it came down to spousal support, a lump sum was not satisfactory, and Donna "fought" for me until I was awarded a lump sum and full monthly spousal support (we did not have children) and now I am able to live comfortably without worrying if I am going to make ends meet. If you need a professional lawyer, whether or not you need military law, consider Donna Santo, you will definitely NOT be disappointed!!
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“They are definitely five stars in their legal experience”
“They are definitely five stars in their legal experience”- Bryan -
“Thank you, Michael, you're a true professional and a very good attorney.”
- Judy M.We had a real legal emergency at our business and Michael Mehas was there to immediately respond to the other side, allowing us to resolve our matter favorably. Thank you, Michael, you're a true professional and a very good attorney, and I would recommend you for any business or other legal matter.
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“I highly recommend them!”
“The attorneys and staff were professional and helped guide me through a difficult process. The fees were very reasonable and the entire process took much less time than I anticipated. I highly recommend them!”- Michael S. -
“It is my opinion there's no better family law firm, period.”
“I had a very complicated and emotional interstate child custody case on which both Donna Santo and Michael Mehas provided me with expert legal advice to bring the matter to a positive conclusion.”- Nick C., director of The Notebook -
“Donna peacefully found ways to resolve these issues without remorse.”
- J.T.Donna and her staff are highly experienced/knowledgeable with family law. My case was complicated by child custody and divorce issues. For several years, my ex sought to always try and bring me back to court for mundane issues. Donna peacefully found ways to resolve these issues without remorse. I highly recommend Donna to anybody needing a qualified legal professional with a heart.