Division of Marital Property Legal Services
California is a Community Property State. This means that all assets and debts incurred during marriage are to the benefit or detriment of both parties. However, there are a few exceptions. Honorable Legal Services knows exactly how to protect you and your property; including retirement plans and other savings accounts.
Frequently Asked Questions
Why do I need an attorney if my ex and I have an agreement?
Unfortunately, as a former family court judge, Managing Attorney Salcido saw many couples come into her courtroom who thought they had divided all assets and debts per an agreement, only to then realize that they had not fully protected themselves. At HLS we make sure that there are no loopholes within your agreements, and that no agreement is described vaguely. Hiring HLS to help you properly draft your Marriage Settlement Agreement ensures that your intent is preserved and enforceable and that everything is documented with clarity.
Am I responsible for my spouse’s debt?
California is a community property state. Thus, the attorneys at HLS are meticulous in calculating each party’s assets and debts incurred during marriage in effort to equalize what each party receives and owes at the end of their relationship. HLS attorneys are skilled at negotiating this division of assets and debts and can help you avoid an unfair split. Failing to hire an attorney often leads to certain assets and debts being unaccounted for, such as life insurance policies and retirement assets.
Do we have to sell the house?
An HLS attorney can help guide you through the negotiation process and can lay out your options for staying in your marital home if desired. If any of the legally available options are viable, staying in the home is a strong possibility.
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All materials have been prepared for general information purposes only to permit you to learn more about our firm, Honorable Legal Services, the experience of our attorneys, and our services. The information presented is not legal advice, is not to be acted on as such, may not be current, and is subject to change without notice. The information presented on this website may not reflect the most current legal developments. Further, this website may contain technical inaccuracies or typographical errors. No action should be taken in reliance on the information contained on this website and we disclaim all liability in respect to actions taken or not taken based on any or all of the contents of this site to the fullest extent permitted by law. Nothing on this website is an offer to represent you, and nothing on this website is intended to create an attorney-client relationship. An attorney should be contacted for advice on specific legal issues.
