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Divorce can seriously impact your financial stability. Protecting your assets during this challenging time is essential. At Family Law Matters, we understand the strain of dividing property and securing your future.
The income that once supported your family must now support two households. Your assets and business income are at risk. Implementing a robust asset protection strategy ensures you are well-prepared.
Act now to safeguard what’s rightfully yours. Delaying could expose your assets to division, affecting your financial stability for years.
Effective Legal Tools for Asset Protection:
Contact us today to learn how we can help you secure your financial future.
First of all, remember that local courts have almost unlimited authority to execute any kind of domestic action. Local property is under control of local judges.
Domestic asset protection tools include limited liability firms, trusts, and limited partnerships.
Our California in-house asset protection lawyers may state with certainty that the courts have pierced all household structures in genuine divorce cases.
Couples divorcing had to choose how their debts and assets will be split, or request the court to do so. In line with California's community property rules, acquired assets and liabilities during the marriage belong equally to both parties and must be shared equally should a divorce arise.
California has communal property laws. This means that generally, property obtained during the marriage by either partner is assumed to be owned equally by both parties.
You still have choices for protection even after a process server sends you divorce papers. It is better, though, to act ahead of time.
When you choose us, you can expect:
We know how personal and impactful family law issues can be. That’s why we’re committed to:
If you’re in need of caring, compassionate help with your divorce or family law case in Corona, CA, we’re here for you. Contact us to start the conversation.
Showing that your property is "separate property" and not part of the marital estate—that means it is not up for grabs—probably is the best method to keep it out of the divorce.
Considered "community property" and shared between the two persons in a divorce, "...all property, real or personal, wherever it is located, acquired by a married person during the marriage while domiciled in this state..." is On the other hand, distinct property consists of:
Though there are certain exceptions to these rules and other specialized categories, generally speaking, if you can show that an object falls into one of these groups, you can keep it separate and free from distribution in the divorce.
If you can prove that the sale of property you had before to your marriage funded the money you used to purchase a house during your marriage.
You might be able to show that the new house should be handled as separate property; for example, if you sold a house you owned before you got married and used the money to buy another house while you were married.
A family law attorney can assist you demonstrate your purchase of your property from funds within your own bank account.
We can help draft prenuptial or postnuptial agreements to safeguard your premarital assets, business interests, or both.
Our goal is to create an agreement that clearly defines what your spouse may be entitled to if you and your partner decide to divorce. An experienced attorney will handle the drafting to ensure your interests are fully protected.
At Family Law Matters, our experienced asset protection lawyers are dedicated to securing your financial future as you exit your marriage. Under Section 2550 of the California Family Code, you must adhere to rules about "community property."
Our team can assist with:
Call us today for a free initial consultation to start protecting your future.
27307 Via Industria
Temecula, CA 92590