The Zhou Law Group is here when you feel like you’re losing everything you’ve worked for.
California is what is referred to as a “community” property state. Simply put, real property, cars, bank accounts, investments and stocks, retirement plans, and all other such assets or debts are considered as belonging equally to the parties in the state of California if they are acquired during the marriage, and as such must be divided equally during the divorce proceeding. Property acquired before the marriage, or after separation, is called “separate property”.
The process for determining what is separate property or community property, how much said property is worth, and how it should be fairly distributed is complicated, and this is especially true when the spouses cannot come to an agreement on their own, at which point the court frequently needs to intervene. Hiring a qualified family attorney, such as those at The Zhou Law Group, can assist greatly with this matter, as we have the tools and knowledge necessary to guide property disputes toward a fair and informed resolution.
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