Property Division Attorney in Los Angeles, California

How is marital property divided in a divorce?

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so once you’re clear on what the
community or marital property is meaning
you have characterized it between
separate and Community you figured out
the character and you’ve identify the
community property that’s going to be
divided in half that part is pretty
simple depending on the asset but it’s
more a matter of determining is this
community or is this separate and what
is the value of this so we know what
we’re dividing if each person needs to
walk away with 50% of the community we
have to know what is 50% equate to in
dollars and cents so depending on what
the property is you might have to engage
experts to help you value it you might
have to engage uh accountants to help
you calculate what is the property
division But ultimately you’re looking
to divide in half the community
property for

Los Angeles, CA family law attorney Robyn Santucci talks about how marital property divided in a divorce. She explains that once community or marital property is clearly identified, the next step is to distinguish it from separate property and determine its value. The key questions are whether an asset is community or separate and, if it is community, what its actual worth is. Only then can the parties divide the property evenly.

Because each spouse must leave with 50% of the community estate, accurate valuation is essential. Depending on the type of asset, experts such as appraisers or accountants may be brought in to assist in determining fair value. While the principle of dividing community property equally is straightforward, the complexity often lies in characterizing and valuing the assets to ensure a fair and accurate distribution.

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