...
Riverside Divorce Lawyer Temeculadivorce.com

Divorce Asset Protection Lawyer Riverside, CA

Safeguarding Your Financial Assets During Divorce in Riverside
Home » Riverside » Asset Protection Lawyer Riverside, CA

+

Years of Experience

+

Cases Won

TOP 

Family Law Lawyers Nationwide
Services for Paternity Cases

What Our Asset Protection Lawyers Want You To Know

  • Protect Your Financial Future: Understanding how to safeguard your assets during a divorce is crucial for maintaining financial stability.
  • Comprehensive Asset Evaluation: We conduct thorough evaluations of all marital and separate assets to ensure a fair division that protects your financial interests.
  • Expert Negotiation Strategies: Our attorneys use proven strategies to negotiate favorable settlements, helping you protect your wealth.
  • Legal Safeguards for Business Owners: If you own a business, we help ensure your enterprise is protected from unfair division during divorce proceedings.
  • Prevent Hidden Assets: We employ advanced methods to uncover hidden assets, ensuring full transparency and fairness in your divorce.
  • Customized Asset Protection Plans: Every divorce is unique. We tailor our approach to meet your specific financial goals and needs.

Divorce Asset Protection in Riverside, CA

Divorce can dramatically impact your financial security. At Family Law Matters, we understand the emotional and financial challenges that come with dividing property and securing your future. Protecting your assets during this difficult time is vital.

The income that once supported your family must now be stretched across two households. Your assets and business income are at stake in a divorce. By establishing a divorce asset protection plan, you can protect your financial interests and avoid being unprepared for the challenges ahead.

Don’t wait until it’s too late to secure your assets. Failing to act now could leave your financial stability vulnerable for years to come.

Legal Instruments for Asset Protection in Divorce

Several legal tools can help protect your assets during a divorce. Understanding which strategies are appropriate for your situation is key to maintaining your financial security. Our Riverside attorneys will guide you through the available options and develop a plan tailored to your needs.

difference-between-separate-and-community-property-1

Difference Between Separate and Community Property in Riverside, CA

Protecting Your Assets During a Divorce in Riverside

When facing a divorce, it's crucial to take steps to safeguard your assets from potential disputes. In Riverside, local courts have the authority to enforce domestic actions, meaning judges have jurisdiction over property within the area.

There are several domestic asset protection strategies available, including trusts, limited liability companies (LLCs), and limited partnerships.

However, it's important to note that in actual divorce cases, courts have the ability to penetrate most domestic structures.

Our in-house asset protection attorneys in California are well-versed in these matters and can provide expert guidance.

Community Property Laws in Riverside

Couples going through a divorce must decide how their property and debts will be divided or ask the court to do so.

Under California’s community property laws, assets and liabilities acquired during the marriage are considered jointly owned by both parties.

This means that, in the event of a divorce, these assets and liabilities must be divided equally.

California is a community property state, which means that any property acquired during the marriage by either spouse is presumed to be owned equally by both partners.

This includes income, real estate, and other assets acquired while married.

Protecting Property from Divorce

To protect your assets during a divorce, consider the following steps:

  1. Collect your financial records from the past three years. This includes bank statements, retirement accounts, and investment records.
  2. Consider setting up an offshore trust and a global LLC. An international bank account in the LLC’s name can add an additional layer of protection.
  3. Establish credit under your own name to maintain financial independence.
  4.  If possible, obtain copies of your spouse’s financial statements and property records.
  5.  If you own property, record a mortgage for a home equity line of credit payable to your asset protection trust’s international LLC. The proceeds can be deposited into an account within your offshore trust, making them less accessible.
  6. Do not deposit inheritance funds into accounts that are also in your spouse’s name.
  7. Create a list of your personal property assets. It’s crucial to do this before being served with divorce papers.

If divorce papers have already been served, you still have options for protecting your assets, but it’s always preferable to take action beforehand.

Why Choose Family Law Matters?

When you choose us, you can expect:

  • Expert Representation: We specialize in all aspects of family law, including child custody child support, and divorce.
  • Personalized Attention: We take the time to understand your unique situation and needs.
  • Compassionate Support: Our experienced legal team is here to guide you through the process with care and clarity.

Moving Forward Together

We know how personal and impactful family law issues can be. That’s why we’re committed to:

  • Helping you set realistic expectations based on your situation.
  • Providing strong support, whether you need a softer approach or firm litigation.
  • Standing by your side every step of the way.

If you’re in need of caring, compassionate help with your divorce or family law case in Riverside, CA, we’re here for you. Contact us to start the conversation.

Corona Divorce Lawyer

Free case evaluation

uncontested-divorce
Contact Form

Getting Proof That the Property You Want to Keep Is Your Own

When going through a divorce in Riverside, one of the most effective ways to retain certain assets is to prove that they are "separate property" and not part of the marital estate.

Separate property is typically not subject to division during a divorce, unlike community property, which is shared equally between spouses.

Under California law, any property—real or personal—acquired by a married person during the marriage is presumed to be community property. This includes anything purchased or earned while domiciled in the state. However, separate property is defined as:


  • Property that was inherited by one spouse, whether through a will, bequest, or gift, is considered separate property.
  • Any income or profits derived from separate property, such as rent or money from the sale of an item, remain separate.
  • The income earned by a spouse while living apart from their partner, as well as income for minor children living with that spouse, is also considered separate property.
  • Any assets or items you owned before tying the knot generally remain your own and are not subject to division.

There are exceptions and nuances to these rules, but generally, if you can prove that an asset falls into one of these categories, it will be considered separate and not subject to division during your divorce.

Demonstrating Separate Property Ownership

If you acquired property during your marriage using funds from the sale of an asset you owned before the marriage, you might be able to claim that the new property is separate. For example, if you sold a house you owned before marriage and used the proceeds to purchase a new home during the marriage, you may be able to argue that the new home should be treated as separate property.

Our knowledgeable family law attorneys in Riverside can assist you in proving that the funds used to acquire certain properties during your marriage came from your own bank account or separate assets.

Tips for asset splits
divorce-asset-protection

Drafting a Prenuptial or Postnuptial Agreement

We can help you draft a prenuptial or postnuptial agreement designed to protect your premarital assets, business interests, or both. These agreements are essential tools for clearly defining what each spouse will be entitled to if you decide to divorce.

Our experienced divorce attorneys will ensure that your agreement is thorough and legally sound, specifying exactly what assets and interests are protected. This way, you can enter or continue your marriage with peace of mind, knowing that your financial future is secure.

Tips:

How an Asset Protection Lawyer Can Help

As experienced asset protection lawyers, Family Law Matters is dedicated to helping you secure your financial future as you navigate the divorce process.

Contact us today for a free initial consultation to discuss how we can help protect your financial interests during your divorce.

Beshoy Shehata Family Lawyer

Ready to Take the Next Step?

Our experienced divorce attorneys are here to help. Schedule a free consultation today and get the legal support you need.
Get in touch today!
Riverside Divorce Lawyer Temeculadivorce.com
Family Law Matters – is a team of highly experienced, hand-picked family, litigation and divorce attorneys from South California. Get in touch with us.

Serving Temecula, Corona, Temescal Canyon, Murrieta, Wildomar, Canyon Lake, Menifee, Sun City, Hemet, Riverside, Riverside County and San Bernardino, California.

Address

27307 Via Industria
Temecula, CA 92590

(951) 972-8287
info@temeculadivorce.com


9036 Pulsar Court, Suite A,
Corona, CA 92883

(951)-299-3366
info@temeculadivorce.com

Business Hours

Monday
8 AM - 5 PM
Tuesday
8 AM - 5 PM
Wednesday
8 AM - 5 PM
Thursday
8 AM - 5 PM
Friday
8 AM - 1 PM
Saturday
closed
Sunday
closed
© 2024 Family Law Matters ® - all rights reserved.