Divorcing with Substantial Assets or Debts in Corona

Protecting Your Assets in a High Net Worth Divorce

After making the difficult decision to go their separate ways, many couples are faced with another challenge-determining the best way to divide their mutual assets and debts. This is a particular obstacle for couples whose finances have become intertwined over the course of several years.

Looking for a high net worth divorce lawyer in Corona? At the Law Offices of John Joseph Buckey, Jr. & Associates, we have extensive experience handling complex divorces involving substantial assets, considerable debt, or inherited property, or when services such as business valuation will be required. Our divorce attorneys are committed to protecting your interests during the process of divorce.

Determination of Ownership, Value and Appropriate Division in Complex Divorces

Our focus has remained consistent over the years. The lawyers at the Law Offices of John Joseph Buckey, Jr. & Associates take the time to listen and fully understand our clients' unique situations and goals. We work closely with clients to determine the scope of their mutual and separate finances, which may include items such as:

• Stocks, stock options or stock plans
• Retirement plans, 401(k) plans, pensions, insurance and employment benefits
• Professional practices and family-owned businesses
• Intellectual property interests
• Vacation homes, investment property, and luxury items
• Commercial and residential mortgage debt
• Credit card debt

In California, most property and debt owned by married couples is considered community property. During property division in any divorce, the first step is to determine whether any assets or debts should be categorized as the separate property of one of the spouses.

Once it is determined which property and debt should be considered as part of the marital estate, we work to ensure it is determined equitably. In more complex divorces, we frequently work with forensic accountants to determine the proper valuation of all assets, as well as to discover any hidden assets, if necessary. At every step of this process, we are prepared to protect your interests through effective negotiation, in mediation, or in court.

For help protecting your valuable assets, contact our Corona divorce attorneys and request a free initial consultation! Call us now at 951-547-1937!