Skip to Content
Tien Law Firm Tien Law Firm
Call Us Today! 888-920-8180
Top
Asset Division

Los Angeles Asset Division Lawyer

Divorce can be one of the most challenging experiences in a person’s life, both emotionally and financially. One of the primary concerns that spouses face during the dissolution of their marriage is the division of property. In Los Angeles, the legal framework that governs how property is divided in divorce proceedings is known as equitable distribution. Understanding this concept, along with potential defenses against it, is crucial for individuals navigating the complexities of divorce.

Property Division Process in a Los Angeles Divorce

Los Angeles follows a structured process in determining how marital property is to be divided:

  • Identification and Proper Categorization of Property: The first step involves identifying all properties owned by both spouses. Marital property is defined as any property acquired during the marriage, regardless of whose name is on the title. Separate property, on the other hand, includes assets owned prior to marriage, gifts, and inheritances received individually.
     
  • Valuation of Property: Once identified, the next step is valuing the marital property. This may involve appraisals and assessments to ascertain the fair market value of the assets, including real estate, personal property, retirement accounts, and more.
     
  • Distribution of Property: After identifying and valuing the marital assets, the court will determine a fair division based on several factors, which include:
    • The duration of the marriage 
    • The financial circumstances of each spouse 
    • Contributions to the marital estate, including homemaking and child-rearing 
    • The age and health of the spouses 
    • Any prior marriages 
    • The tax consequences of the property division

The objective of this process is to achieve a result that is just and reasonable for both parties.

Finding the Best Los Angeles Asset Division Lawyer for You

If you are facing a divorce in Los Angeles, it is essential to have knowledgeable legal counsel by your side. Navigating property division and equitable distribution requires a robust understanding of the law, coupled with strategic insights tailored to your specific situation.

For legal guidance and support through this challenging time, contact our Los Angeles property division attorney today. We are committed to protecting your interests and helping you seek a fair distribution of marital assets. Don’t leave your future to chance—reach out to our property division lawyer today and take the first step toward preparing for your financial well-being post-divorce.

Understanding property division in Los Angeles is essential for anyone entering divorce proceedings. With the right legal representation, you can navigate this process with confidence and clarity.

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.
  • By submitting, you agree to be contacted about your request & other information using automated technology. Message frequency varies. Msg & data rates may apply. Text STOP to cancel. Acceptable Use Policy

Why Choose Tien Law Firm?

  • Risk Management

    From beginning to end, we seek to reduce future risks and liabilities.

  • Virtual Consultations
    With virtual consultations, it's easier than ever to get started.
  • Flexible Billing

    We offer flexible and hybrid billing arrangements to make costs more predictable.

  • 1000+ Clients

    We are dedicated to seeking excellent results for our clients.

How Our Los Angeles Property Division Lawyer Can Help

Navigating the complexities of property division in a divorce can be overwhelming. The emotional burden is often compounded by legal intricacies and the need for sound strategic guidance. Our Los Angeles property division attorney is here to assist you through every step of the process. Here’s how we can help:

  • Personalized Legal Strategy: Our Los Angeles divorce lawyer uses a tailored legal approach that aligns with your unique circumstances, ensuring that your interests are well represented throughout the divorce proceedings.
     
  • Asset Identification and Valuation: Our team will work to accurately identify and value all marital assets, ensuring that nothing is overlooked, including hidden assets.
     
  • Legal Representation: We provide comprehensive legal representation in court, advocating effectively for your rights and interests. Should disputes arise regarding property classification or valuation, we are prepared to present strong evidence and arguments on your behalf.
     
  • Mediation and Negotiation: In many cases, it may be possible to settle property division matters through mediation or negotiation rather than litigation. Our property division attorney is a skilled negotiator who can help facilitate an agreement that works for both parties.
     
  • Post-Divorce Modifications: If circumstances change after a divorce, we can assist with any necessary modifications to your property distribution agreement or support arrangements.

What Clients are Saying About Tien Law Firm

  • Sonya is an excellent lawyer whom I would hire again in a heartbeat. She is incredibly intelligent, delightfully clever, intensely dedicated, and wonderfully warmhearted. I completely understand why her clients not only trust her but also love her.
    - Tanja H.
  • I'm truly grateful to have found your firm. I can't imagine trying to go through this whole ordeal with anyone else let alone on my own. Thank you for all of your help, support, kindness and knowledge.
    - Tae T.
  • I am extremely happy and satisfied with the legal services provided by the Tien Law Firm and Ms. Sonya Tien in particular. Ms. Tien went above and beyond.
    - Inessa B.
  • She is One of the best you can ever find...always there to take your calls and responds to your emails fast.
    - Bright I.

    Defenses Against Equitable Distribution in North Carolina

    While the presumption in North Carolina is that equitable distribution should be carried out, there may be defenses available to challenge the claims made during this process. Here are some potential defenses:

    • Classification of Property: One of the most common defenses in equitable distribution cases involves disputing whether certain assets are classified as marital or separate property. If you can prove that an asset was acquired before the marriage or was a gift or inheritance, it may be considered separate property and not subject to division.
       
    • Economic Fault: If one spouse has squandered marital assets or engaged in financial misconduct, the other spouse may argue that the equitable distribution should consider this behavior. However, North Carolina law does not allow for punitive measures in property division, so the focus will primarily be on restoring balance rather than imposing penalties.
       
    • Change in Circumstances: In some situations, changes in financial situations or other significant life circumstances can be presented as defenses, especially if they affect the fairness of the distribution.
       
    • Lack of Full Disclosure: If it can be shown that one spouse failed to disclose certain assets or income during the property division process, it could impact the court's decisions regarding equitable distribution.
    Continue Reading Read Less
    Start With a Free Consultation
    You will not be charged legal fees until we win your case!
    Contact Us