Dealing with the intricacies of divorce can be daunting, especially when it comes to dividing property. Moshtael Family Law offers assistance in navigating a diverse range of assets and liabilities, covering physical possessions like homes and cars, financial holdings such as bank accounts and stocks, and intangible assets like intellectual property. The term "property" encompasses both assets and debts, and the process of allocating these resources is termed "property division."
The property division process typically involves the following steps:
Identifying the nature of the property.
Classifying the property as community property, separate property, or a combination of both.
Evaluating the property's valu...
Dealing with the intricacies of divorce can be daunting, especially when it comes to dividing property. Moshtael Family Law offers assistance in navigating a diverse range of assets and liabilities, covering physical possessions like homes and cars, financial holdings such as bank accounts and stocks, and intangible assets like intellectual property. The term "property" encompasses both assets and debts, and the process of allocating these resources is termed "property division."
The property division process typically involves the following steps:
Identifying the nature of the property.
Classifying the property as community property, separate property, or a combination of both.
Evaluating the property's value through appropriate methods, including expert consultations for intellectual property, utilizing Kelley Blue Book for vehicles, or engaging an actuary for retirement accounts.
Equitably distributing the property among the parties involved.
Property division outcomes can vary, from neither party retaining the assets to selling them and dividing the proceeds. Moshtael Family Law specializes in guiding individuals through the complexities of property division in divorce. If you need support with these intricate matters, don't hesitate to contact us.
For more information you can check divorce mediation Orange County.