El Cajon Property Division Lawyer

Property Division Attorney in El Cajon, CA

In a divorce, property division is arguably the hardest part to get through. For couples who have a lot of assets or a complicated financial situation, an El Cajon property division lawyer can help with valuing marital assets and determine what fair and equitable means for you.

Hire a Property Division Lawyer with a Positive Attitude

Erica Bloom Law is an trusted team of El Cajon family law attorney committed to being an example of positivity and influence not only for the families she represents but for her community at large. We take the time to listen to our clients and understand their backstory because it makes a difference. When we get to know our clients on that level, we can serve them better.

If you’re facing divorce in El Cajon, you’re not alone. The marriage rate in California is low in comparison to the national average, at 5.5 marriages per 1,000 people. An El Cajon family law attorney can help you get through this tough period in your life so you can overcome divorce, property division, and all the challenges that come with it.

Property Division in El Cajon, CA

California has a community property law, which means any property, assets, or debts that are acquired or accumulated during a marriage are considered to be jointly owned by both parties. Upon divorce, all community property is divided equally between the two individuals.

Separate property includes any assets owned prior to the marriage or assets received as part of an inheritance or as a gift. These assets remain the property of the original owner and are not subject to the division of assets.

Diving Deeper Into Property Division

While it sounds like it should be an easy task to divvy up assets right down the middle, it can get complicated and emotional. The valuation of assets is an important step in the process. If marital businesses are involved, appraisals are often required to determine the worth of assets that are difficult to value.

The separation of debts must also be divided similarly to assets. This might include a home mortgage, auto loans, credit cards, or any other obligatory financial accounts.

Property Division Negotiations

An experienced El Cajon lawyer who is skilled in property division negotiation tactics can assist their client in dividing assets fairly. When contention arises regarding who gets what, it can be beneficial to everyone to find areas where compromises can be made that satisfy both sides.

In some cases, one spouse would like to keep the family home. Rather than selling it and splitting the profits, another asset could be traded to balance the scales. When finding common ground is prioritized, it can result in amicable solutions that minimize conflict and save time and money for all involved.

Litigation as a Last Resort

When asset division terms cannot be agreed upon otherwise, litigation is necessary. In these property division cases, the San Diego Superior Court will hear the case, and the final resolution will be determined by a judge. The East County Regional Center, located at 250 East Main Street, El Cajon, CA, hears cases of property division for El Cajon.

If your case requires a trial, it is essential to hire a property division lawyer to represent you. Litigation is considered a last resort solution because it puts personal decisions in the hands of a judge, who is able to make a subjective decision on behalf of the two sides, but it’s still an impersonal perspective.

Also, rulings of the court are matters of public record, whereas the details of property division can be kept private if litigation can be avoided. Talk to a qualified El Cajon property division lawyer for advice on how you can avoid litigation in your case.

Why Choose Us?

Erica Bloom Law stands out from other family law firms by connecting with its clients on their level. We tailor our services to match the needs of our community. Our clients acknowledge a noticeable difference between the Erica Bloom Law legal team and other law firms they’ve had experience with. When you need an El Cajon property division attorney, call us.

FAQs About Property Division

What Is the Property Division Law in California?

California Family Code Section § 2500-2660 defines property division laws in California. It explains that community property must be equally divided between the two spouses, unless an arrangement has been made among the spouses. Community property is those assets and debts accumulated during the marriage. It excludes separate property that existed before the marriage or was an inheritance or gift.

What Is a Property Lawyer Called?

A property lawyer is a family law attorney with a focus on matters of family law. Such matters include property division, child custody, divorce, and child support payments. Other names used to identify a property lawyer are asset attorney, high-asset lawyer, or asset division lawyer. These lawyers have resources for valuing property and identifying property when one party believes the other may be hiding assets.

What Assets Are Untouchable in Divorce?

Regarding asset division, separate property, or separate assets, are untouchable in a divorce. Separate property includes those assets acquired and debts accrued prior to the marriage, as well as gifts and assets received by inheritance. Other assets protected by a prenuptial agreement or postnuptial agreement are also excluded in a divorce. These assets are opposite from community property, which is subject to division upon divorce.

Who Loses the Most in a Divorce in California?

If a divorce is carried out in a fair and balanced manner, both parties should come out of the divorce with equal portions of community property. However, in some cases, one spouse may come out better financially if assets are undervalued or when assets are successfully hidden by one party.

Connect With a Qualified El Cajon Property Division Lawyer

If you are having legal issues regarding property division, contact Erica Bloom Law and discuss your case with an experienced El Cajon property division attorney. Schedule an appointment online or call us today.