• Finding Your Best Legal Solution

    When going through a divorce, it's vital that you understand your rights. That's where we come in!

    Divorce
  • Don't Jeopardize Your Family

    As a family law firm, we strive to protect your family's best interests no matter what.

    Child Custody
  • How to Find the Right Lawyer

    It is critical that you are able to select an attorney that understands the individual needs of your case.

    Helpful Tips
  • Start by Scheduling a Consultation

    Begin getting the representation you need by scheduling a free no-obligation consultation today.

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Property, Assets & Debts Lawyer in Pasadena, California and Serving the Greater Los Angeles Area

In a California divorce proceeding, a court is tasked with the obligation of dividing all community property (assets and debts) equally between the husband and wife. Community property is defined as all property acquired by a married person during the marriage while domiciled in California. Separate property is generally defined as property acquired before marriage, after separation, of by gift, inheritance or bequest. Community and separate property may include:

  • The family home
  • Other real property
  • Pension and other retirement plans
  • Family owned businesses and closely held corporations
  • Bank accounts
  • Stock and bonds
  • Professional practice interests, inventory, and investments
  • Cars, boats and planes
  • IRS tax debt
  • Credit card debt

The preliminary steps in the process is the identification, characterization and valuation of all assets and debts. California law imposes upon married persons fiduciary duties towards each other which include the disclosure of all material facts and information regarding these assets and debts.

Certain reimbursements, credits and charges may also be ordered by the court.

Because the Law Offices of Randy W. Medina focuses exclusively on family law matters, we have extensive experience litigating divorce cases, drafting marital settlement agreements and handling divorce and property settlements. We have the competence you need to ensure that your marital estate is properly divided. We thoroughly and meticulously conduct the discovery necessary to obtain a comprehensive picture of the marital estate, ensuring proper classification of community and separate property. We work with professional appraisers, accountants, and other financial experts to ensure proper valuation of our the marital assets. We also work diligently with our clients to ensure that proposals for property division are fair and equitable.

The Law Offices of Randy W. Medina offers the greater Los Angeles area accomplished and dedicated legal representation to help you navigate property and pension distribution issues in anticipation of your family law trial and prepare a settlement agreement for your marital dissolution or legal separation proceeding.

Contact Our Office Today

If you need assistance with the divsion of your property, assets or debts during a divorce, our team is here to help. Contact our Pasadena law office to schedule a free legal consultation at your earliest convenience.

  • Finding Your Best Legal Solution

    When going through a divorce, it's vital that you understand your rights. That's where we come in!

    Divorce
  • Don't Jeopardize Your Family

    As a family law firm, we strive to protect your family's best interests no matter what.

    Child Custody
  • How to Find the Right Lawyer

    It is critical that you are able to select an attorney that understands the individual needs of your case.

    Helpful Tips

Contact Us

Law Offices of Randy W. Medina, APLC
Pasadena Family Law Attorney
Located at: 301 East Colorado Blvd.,
Suite 514,

Pasadena, CA 91101
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Phone: (626) 433-8128
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Disclaimer

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.