What Must Be Disclosed In Property Division?
California Community Property Laws – Financial Disclosure
Every divorce is a lawsuit, and California law requires both parties in a divorce to fully disclose all assets, debts and transactions to the other. Failure to fulfill these spousal fiduciary duties can have serious consequences for anyone who does not provide full disclosure, including costly financial penalties and court orders to pay the wronged spouse's attorney fees.
Skilled, Discreet Professionals For Defense Of Your Financial Interests
Financial disclosure as required in a California divorce can be a complex, detail-intensive process — especially for those with substantial assets that may include business interests and investment accounts.
Our lawyers' exclusive focus on family law, close connections to qualified financial professionals, and decades of experience in high net worth and intensely contested divorce cases equip us well to:
- Guide our clients through every step required by law, including thorough preparation of the necessary schedule of assets and debts, declaration of income and expenses and other documents.
- Obtain accurate valuations of known complex and fluctuating assets such as real estate, business holdings and investment accounts.
- Resolve whether specific assets are community property or separate property belonging to one party alone, based upon their sources and when they were acquired.
- Locate hidden assets or income if either spouse believes the rule of full disclosure is not being followed.
Focused Attention To Your Case And Your Needs
At the Law Offices of Burch Shepard Law Group, in Orange County, we practice family law with diligence, intensity and integrity. We treat each client's case with the care it deserves as an event that will have a major impact on his or her personal and financial well-being for many years to come.
Extensive Knowledge Of Your Own And Your Spouse's Legal Obligations
If you have concerns involving financial disclosure in divorce, Certified Family Law Specialists at our firm can offer counsel based on in-depth knowledge of current laws and recent court decisions. We will be sensitive to all unique aspects of your case and work hard to achieve the best possible financial outcome for you.
Contact our attorneys today by calling (949) 565-4158 for a consultation.
Dedicated To Obtaining Real Results
Committed To Our Clients
100+ Years Of Collective Experience
Complimentary Case Reviews