Asset Division in Divorce
Protecting Your Financial Future with Strategic Legal Guidance
Dividing property and assets during a divorce can be one of the most complex and emotionally charged aspects of the process. At the Law Office of Michelle Paul, we help clients throughout San Diego navigate asset division with clarity, confidence, and a strong legal strategy that protects what matters most.
How Asset Division Works in California
California is a community property state, which means that most assets and debts acquired during the marriage are considered equally owned by both spouses. During divorce, those assets are typically divided 50/50 unless the parties agree otherwise or the court finds that an equal split would be unfair under the circumstances.
However, the process is rarely as simple as cutting everything in half. That’s where skilled legal counsel becomes essential.
What’s Considered Community Property?
Community property generally includes:
- Income earned by either spouse during the marriage
- Real estate purchased during the marriage
- Vehicles, furniture, and other physical assets
- Retirement accounts and pensions earned during the marriage
- Business interests acquired or built during the marriage
- Debts incurred during the marriage
Michelle Paul works closely with clients to identify and properly categorize each asset or liability, ensuring an accurate picture of the marital estate.
What’s Considered Separate Property?
Separate property typically includes:
- Assets owned by either spouse before the marriage
- Gifts or inheritances received by one spouse alone
- Property acquired after the date of separation
- Proceeds from separate property (if kept separate from community assets)
The distinction between community and separate property can be blurred, especially if assets were commingled during the marriage. Michelle will help you trace and protect your separate property rights wherever applicable.
Complex Property Division Issues
Some divorces involve complex or high-value assets that require deeper legal and financial analysis. Michelle has experience handling cases involving:
- Retirement accounts and pension division (QDROs)
- Family-owned or closely held businesses
- Investment portfolios and stock options
- Real estate holdings and rental properties
- Hidden or undisclosed assets
- Prenuptial and postnuptial agreements
By working with financial experts, appraisers, and forensic accountants when necessary, Michelle ensures your interests are protected and that property is fairly valued and divided.
Why Choose Michelle Paul?
Michelle Paul brings clarity and compassion to even the most difficult divorce cases. She is known for:
- Thorough Financial Understanding: Skilled at identifying, valuing, and dividing complex assets.
- Negotiation and Litigation Strength: Whether through settlement or court, she advocates assertively for your financial rights.
- Client-Focused Approach: Clear communication and honest guidance every step of the way.
- Strategic Solutions: Tailored legal strategies that balance your short- and long-term goals.