California is a community property state, which can be beneficial during a divorce. Essentially, this means that both partners in a marriage are half owners of all assets accrued during the marriage, no matter whose income paid for what.
With the exception of child support and custody, the division of assets is often the most hotly contested aspect of divorce proceedings. The greater the shared assets between former spouses, the more potential for a protracted court battle over who gets what. Sometimes spouses are able to quickly and agreeably determine the division of assets early in a divorce.
During divorce proceedings, property divisions can be one of the most complex and contested issues you have to handle. For example, determining the value of the property in question can require multiple appraisals.
Here at The Law Offices of Dorie A. Rogers, APC, we advise our divorce clients in a wide range of legal issues related to dividing their property between themselves and their spouses. When the assets in question are of high value or unique character, it is critical to assign values that are accurate and reasonable for purposes of proper property division.