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Asset, Property, & Debt Division Guiding You Through Difficult Times

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
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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:
  • 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.

  • 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.

  • 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.

  • 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
  • “Professional, Experienced, Real!”

    Deciding to file for divorce was by far one the most difficult decisions I have had to make. Having no idea where to start, who to believe, where to go, Donna was recommended by a friend. Upon calling her office, I was able to make an appointment right away. When I met with her, she listened to me attentively, asked questions and she explained the process from beginning to end. She did not sugar coat anything, she clearly explained all the different scenarios that I was facing, specific to my divorce and child custody matters. Donna helped me during the most overwhelming and stressful time in my life. I am grateful for her support and guidance throughout the entire process, I could not have do ne it on my own.

    - Tiffany
  • “He is simply awesome!!!”

    Yay, bro! Michael has been looking out for me on several legal matters, including a car accident case, for several years. He is simply awesome!!!

    - Brian S.
  • “I have the highest recommendations for this office”

    Concern for my personal well being through the divorce process was present from our initial meeting. The process was thoroughly described and projections on the length of time to achieve the outcome made clear. The financial projection was painful but provided me time I needed to arrange my assets. I have the highest recommendations for this office.

    - Chris L.
  • “Donna guided me through at a comfortable pace on both a personal and professional level.”

    I was going through a difficult divorce, one which was stressful to both my wife and myself, so I needed to find solutions which would be fair and just and to relieve the tension. I was living in the Bay Area at the time and did much of the work on the phone, on my computer and at the Santo Mehas office in Ventura. I had heard of the reputation of the Santo Mehas law firm and trusted Donna as a person of integrity and sensitivity which is who I needed to get through this difficult process. I was not looking forward to working with the personal sensitive issues or the introspection necessary to get through this difficult process. Donna guided me through at a comfortable pace on both a personal and professional level. The case ended in a fair and respectable settlement for both parties and my ex and I are still friends years later. I am much happier for knowing that this is from a previous life and I have moved on. I still keep in contact with the family law lawyers at Santo Mehas as well as my ex.

    - Phillip M.
  • “They were prepared and ready for anything.”
    “They were prepared and ready for anything.”
    - Madisen R.
  • “Then I hired Ventura County family law firm Santo Mehas and everything changed for the better.”
    “Attorney Michael Mehas accomplished something for me and my family that three Los Angeles County divorce lawyers failed to do: he got child support from my ex husband.”
    - Jessica C.
  • “I would definitely recommend their firm for anyone!”
    The Santo Mehas team has been exceptional in handling my case. They are very experienced, have given me good advice and representation, and they have worked on my particularly complex case almost as if I were family. They have shown support beyond professionally, but also personally. They have worked with me financially, and are very fair and understanding. I would definitely recommend their firm for anyone who needs family law assistance!
    - Heather L.
  • “Donna peacefully found ways to resolve these issues without remorse.”

    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.

    - J.T.