Property Division
All community property must be distributed in a way that is fair and equal
Property Division in Los Angeles, California
Los Angeles Divorce Lawyers Protecting Your Financial Interests
Before a divorce can be finalized, spouses must reach agreements regarding how their property, assets, and debts will be divided. If they cannot agree, the matter will be decided by a judge. Because California is a community property state, assets classified as community property are generally divided equally between spouses. While this may sound simple in theory, property division is often one of the most complex and contested aspects of a divorce.
Disputes can arise over questions such as when property was acquired, how it was titled, and whether separate or community funds were used. These details can significantly impact how assets are distributed. Whether your case is resolved through mediation or litigation, the Los Angeles divorce attorneys at Holstrom, Block & Parke, A Professional Law Corporation, can help protect your rights and ensure you receive your fair share of the marital estate.
Call today or request a free consultation to discuss how property may be divided in your divorce.
Understanding Community and Separate Property
California law distinguishes between community property and separate property, and correctly classifying these assets is a critical first step in the division process.
Under California Family Code §760, community property includes all assets acquired, earned, or jointly contributed to during the marriage. This may include:
- Income earned by either spouse during the marriage
- Real estate or personal property purchased with marital funds
- Investments, retirement accounts, or businesses started during the marriage
In contrast, separate property, defined under California Family Code §770, typically includes:
- Property owned by either spouse before marriage
- Property acquired after marriage by gift, inheritance, or bequest
- The rents, profits, or income derived from separate property
Properly identifying and tracing assets is essential, especially when community and separate property have been commingled. Our experienced family law attorneys work with financial experts when necessary to ensure a fair and accurate evaluation.
Protecting Your Rights in Property Division
Dividing marital assets often involves more than determining ownership—it can also affect spousal support, child support, and long-term financial security. At Holstrom, Block & Parke, our Los Angeles family law attorneys bring deep knowledge of California’s property division laws and decades of combined experience handling high-asset and complex divorce cases.
We assist clients with the equitable division of:
- Real estate and investment properties
- Businesses and professional practices
- Retirement accounts, pensions, and stock options
- Vehicles, collectibles, and luxury assets
- Debts and financial obligations
Our goal is to help you protect what matters most while minimizing unnecessary conflict and expense.
Contact our Los Angeles divorce lawyers today for a free consultation and let our team guide you toward a fair and lasting resolution.
