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 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. -
“I would definitely recommend their firm for anyone who needs family law assistance!”
The SantoMehas 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. -
“It’s like a family & they wanna make sure your family is well taken care of”
- ErikaI needed assistance ASAP! I called many firms & I was turned away due to COVID & the emergency of my case. I contacted Donna & Michael & they were there so fast, helped me prep, told me what to expect, what they needed from me & explained the processes. I highly recommend their services but be prepared to go to battle because Donna & Michael will literally go into that battle & win it. I have had great experiences with them as a professional team & know when I need them they are there to help, guide & support. It’s like a family & they wanna make sure your family is well taken care of. I appreciate them so much. Thank you.
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“There is no other choice than Michael and Donna!”
“There is no other choice than Michael and Donna!”- Gina G. -
“I recommend them with 5 stars”
- Maria C.I have deep appreciation for my family law attorneys Donna Santo and Michael Mehas. Thank you so much for your help in my highly complex divorce. I have witnessed the great professionalism with which Donna defends me in Court. And I appreciate the sincerity, loyalty and moral support that Michael provides to his clients. He’s always ready to answer questions and take my calls. I recommend them with 5 stars, as they are simply the best lawyers and family law firm in Ventura county.
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“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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“He is simply awesome!!!”
- Brian S.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!!!
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“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.
