Professional And Trustworthy Attorney For Divorce Petition California. This blog gives information about William D. Evans who is an expert lawyer giving the best services for Divorce Petition California. Want to know about divorce petition? It is a legal text filed in court by a other half who seeks a separation. Also called the "complaint" in some states, the petition informs the court of the filing spouse's called the "petitioner� desire to end the marriage, and its filing with the court signifies the beginning of the divorce procedure. The division of community property is one of the main problems in a divorce. If you want to defend your property, you need to hire our knowledgeable divorce lawyers. If you have noteworthy property or high earnings, you need assistance in distributing your wealth fairly to both parties, while protecting your most expensive belongings. The key to navigating a high-networth divorce is the quality of your legal team. Know about equalization payment The assets that the spouse with the higher total has to pay the spouse with the lower total are called an “equalization payment.� In other words, any property acquired by you or your spouse during marriage will be divided equally in an equalization payment in California. Property acquired by you prior to marriage or through inheritance is separate property and not subject to equal division. It is, therefore, important to identify the assets and debts of the marital estate and determine whether the assets are community property subject to equal division.
The reason of an Equalization Payment is to put both spouses in an equal position. The result is that both spouses end up owning the same total value of property. California is a community property state which means each party is entitled to receive one-half of the real and personal property obtained during marriage and prior to separation. William D. Evans is a marital property division lawyer in California with the proficiency and resources desirable to stand for you in the distribution of your marital property. When your marriage is dissolved, all property so acquired and all debts and liabilities incurred during the marriage and prior to separation will be accounted for. For more details about divorce petition California call on (562) 439-9001.