Divorce involving complex assets
A divorce involving businesses, multiple properties or retirement assets often requires a clear inventory before meaningful discussions about division can begin. Account balances, ownership interests, debts and valuation dates answer different questions. California Courts notes that property and debt issues can become complicated when substantial value is involved. Avoid treating an online estimate or an incomplete balance sheet as a final division.
- Asset and debt inventory with ownership information
- Business, property and retirement records
- Existing agreements, disclosures and court orders
Location to identify: The court and case number on any current order, the county involved and whether another state has a related case.
Ask a lawyer: Which assets require valuation or tracing, and what assumptions are being used?
California family law preparation guide
Background: Property and debts in a divorce | California Courts | Self Help Guide