Property division can impact financial wellness long term

Money matters can be complicated to address during divorce proceedings in California. The reason for this is that divorcing spouses must figure out all of the assets they share and then how to go about property division, including debt division. Still, a couple of tips might help those facing these concerns to protect their financial situations following divorce.

First, defining one's post-divorce goals is paramount. As an example, an individual may decide to return to school and switch careers to achieve his or her financial vision for the future. This is a big decision, though, so approaching it carefully rather than with urgency is wise. Speaking with a financial advisor may help a person to think through such a decision and figure out how to get in the best shape financially long term.

Another important move during the divorce process is to organize one's finances as soon as possible. When divorcing individuals' paperwork is organized, they can more easily complete the formal process of discovery, where they must spell out all of their assets and liabilities, including any claimed separate property not subject to division. In addition, their attorneys can more easily and accurately advocate for them in their divorce proceedings.

Tackling financial issues like property division during divorce can no doubt be overwhelming. However, an attorney can help those going through these proceedings to make informed decisions regarding their finances. The aim of an attorney in such a situation is to secure the most personally beneficial outcome possible for the divorcing spouse in California.

No Comments

Leave a comment
Comment Information

In Solana Beach and throughout the greater San Diego area, Ratzer Family Law is your best choice for experienced representation with personalized service. Contact us online or call 858-925-8099 today.


We Want To Help

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

505 Lomas Santa Fe Drive, Suite 130
Solana Beach, CA 92075

Toll Free: 866-204-7559
Phone: 858-925-8099
Fax: 858-793-7701
Solana Beach Law Office Map