During a divorce, you will be required to divide your property. In California, you will be expected, in most cases, to divide your property 50-50.
That may seem simple to accomplish, but if you don't know how much your assets are worth, splitting them can become problematic. For that reason, it's a good idea to work with someone who can accurately value your property and assets.
Do We Need Just a Single Valuation of Our Property?
Normally, each person involved in the divorce seeks their own property valuation. Those valuations are compared to one another to determine what valuation would be fairest. Some people add and divide the valuations to get an average, while others go with the lowest or highest valuations. Whatever you do, make it consistent.
If you and your spouse get along, you may agree to have a single expert estimate the of value your property. In that case, the values assigned will be used in your case.
Is It a Good Idea to Have Your Attorney Review the Valuation?
Yes, because your attorney has seen similar work in the past and may catch unusual valuations if there are any. Additionally, they will be able to help you negotiate for the assets you want if you show them what your property is worth and how you'd like to split it.
Visit Our Website
Our website has more information on property valuation and why it's important to know what your property is worth before beginning negotiations during a divorce.
Our Rating is calculated using information the lawyer has included on
their profile in addition to the information we collect from state
bar associations and other organizations that license legal
professionals. Attorneys who claim their profiles and provide Avvo
with more information tend to have a higher rating than those who do
What determines Avvo Rating?
Experience & background
Years licensed, work experience, education
Legal community recognition
Peer endorsements, associations, awards
Legal thought leadership
Publications, speaking engagements
This lawyer was disciplined by a state licensing authority in .
Disciplinary information may not be comprehensive, or updated. We recommend that you always check a lawyer's disciplinary status with their respective state bar association before hiring them.