How will the Court Differentiate Community Property From Separate Property in your Carlsbad or San Diego divorce?

How Will the Court Differentiate Community Property From Separate Property

Pierre Domercq Community Property Division

We are often asked how the Court will differentiate community property from separate property in a Carlsbad divorce case.  You are required to fully, truthfully and accurately disclose all assets, property, investments, retirement accounts, business or professional practice interests, collections, debts, obligations, loans and credit cards to the Court at the outset of your divorce.  You will be required to …

Cash Advances or Credit Card Purchases Before or During a Divorce

Cash Advances or Credit Card Purchases Before or During a Divorce

Pierre Domercq Community Property Division

Are you concerned about cash advances or credit card purchases before or during a divorce?  Unfortunately, this is a common challenge our clients face in the months leading up to a divorce, or once the decision to end the marriage has been reached.  In some cases it is “payback” for a perceived slight such as infidelity.  In other cases it …

You Must Fully Disclose Every Asset and Debt in a Carlsbad Divorce

You Are Legally Required to Fully Disclose Every Asset and Debt in a Carlsbad Divorce

Pierre Domercq Community Property Division

California law clearly requires every individual to fully disclose every asset and debt in a Carlsbad divorce.  This applies to many things often missed such as retirement accounts, personal injury settlements as well as separate and pre-marital or gifted assets! We are often asked “what information must be disclosed?”  The short answer is simply any and all information you possess …

Tax Returns and Financial Records in a Divorce in Carlsbad or San Diego

Pay Attention to Tax Returns and Financial Records in a Divorce

Pierre Domercq Community Property Division

Are you seriously considering or in the midst of filing for divorce.  It is important to pay attention to tax returns and financial records in a divorce.  They provide significant insight, factual data and documentation for forensic accounting when hidden assets or undervalued assets are in question. This time of year is traditionally tax season, although the filing deadline has …

How Are Assets and Debts to be Divided in a Carlsbad Divorce Family Law

How are Assets and Debts to be Divided in a Carlsbad Divorce?

Pierre Domercq Community Property Division

How are assets and debts to be divided in a Carlsbad divorce?  Property division can be one of the significant challenges in many divorce cases.  The division of property includes any asset, debt, property or liability owned or owed by either of the parties or both. The divorce begins with financial disclosures by both parties.  Property disclosures should include, but …

Assets Which Are Frequently Missed or Inaccurate During a Divorce

Assets Which Are Frequently Missed or Inaccurate During a Divorce Disclosure

Pierre Domercq Community Property Division

What are a few of the assets which are frequently missed or inaccurate during a divorce disclosure?  Why is it important to ensure attention to detail when completing financial disclosures during a divorce? One of the first tasks one must complete at the outset of a Carlsbad or San Diego divorce is the disclosure of all known assets and debts.  …

Are Debts and Property Treated Equally in a Carlsbad CA Divorce?

Are Debts and Property Treated Equally in a Carlsbad CA Divorce?

Pierre Domercq Community Property Division

Are debts and property treated equally in a Carlsbad CA divorce?  How will your personal property, vehicles, real property, investments, retirement accounts and pets be divided during the division of community property? The first concept to understand is the difference between “community” property and “separate” property.  Community property is generally defined as any asset or debt which is acquired by …