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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“I recommend them”
Never fun needing to hire a lawyer but Michael and Donna were great to work with and helped to make the process go smoothly. They were both easy to reach, offered clear advice, and were honest in all of their interactions. I recommend them if you find yourself in need of solid legal help.- Brian L. -
“A final settlement in a reasonable amount of time at a price”
- David G.When I brought in this law firm to represent me in my divorce, my wife and her lawyer knew I had gained the ability to fight back if necessary. From that point on, negotiations could proceed. Peace through strength. Fortunately, no protracted or unnecessary fighting was necessary. Due to longstanding relationships, understandings, and trust between my team and my wife's team, deals were worked out on several fronts, avoiding crossing anyone's red lines and resulting in a final settlement in a reasonable amount of time at a price far below what either of us expected to pay.
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“Donna is a fantastic attorney!”
- EduardoCan’t get a better attorney than Donna Santo. Donna is a fantastic attorney! She was able to comprehend the complications associated with nasty child custody problems and bitter divorce disputes. Donna and her staff were and continue to be extremely caring and empathetic to my family’s needs. I hold Donna with the utmost respect and recommend her to anybody who needs a knowledgeable and savvy attorney.
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“I would recommend him to anyone who needs a good attorney.”
- Molly C.I am lucky to have had Michael Mehas handle my family law child custody and visitation matter, personal injury, and business and employment matters, and he's the only attorney I've ever used. He's very compassionate in what he does and combines many years of experience with a great understanding of the law. I would recommend him to anyone who needs a good attorney.
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“Donna and Michael are outstanding”
Donna and Michael are outstanding, I was referred to their office and as soon as I retained their services the legal nightmare I was in was over and the tone changed from the other party immediately. Donna will not lead you into a false sense in pursuing an unrealistic outcome. Donna achieved a very fair ruling and straightened out lots of dishonesty in my case against the other party which was much needed.- John H. -
“They were prepared and ready for anything.”
“They were prepared and ready for anything.”- Madisen R. -
“Michael & Donna EXCEEDED my expectations”
“Michael & Donna ! Where do I begin! ?? You two are VERY SPECIAL HUMAN BEINGS ? I Can't thank you enough for the UNBELIEVABLE support & services I have received from your office. I was in a VERY tough place in the situation I was unfortunately, unex”- Alyssa S. -
“Working with Donna Santos and Michael Mehas was such a blessing.”
“Working with Donna Santos and Michael Mehas was such a blessing.”- Melissa A.