Professional athletes, like many other well-compensated individuals, often have substantial assets and property. During the division of community property that is part of a divorce, the court will work to equitably divide the assets and debts of the marriage.
There are two questions that are pertinent to the division of community property:
- Which assets and debts can be construed as community property and which should be considered separate property?
- What constitutes an equitable division of the community property?
It is critical that those questions are answered in a way that results in a division of property that favors you. Without representation that is skilled in handling substantial assets, you may be forced to part with property unnecessarily. Ask yourself what you would be willing to give up.
At Stolar & Associates, our attorneys understand how to deal with the specific issues that confront professional athletes during the division of property. We bring decades of experience dealing with divorces and divisions of property that have involved substantial wealth. We know that every client will have specific goals for the division of property. We will have a thorough and frank discussion with you about those goals, and we will build a strategy that is designed to achieve those goals.
Utilizing Outside Financial Experts to Ensure a Successful Division of Property
When dealing with complex marital estates it is an absolute necessity that you have the best advice possible. Our firm brings in outside financial experts when the situation calls for such expertise. Our years of experience in representing professional athletes has taught us when experts are needed and which experts to turn to. We want to ensure that difficult to value assets are accurately appraised. We also know that there may be income streams that are derived from endorsements or overseas sources that may be treated differently.
Contact the Pro Athlete Divorce Lawyers of Stolar & Associates
If you are a professional athlete and you are facing divorce and are concerned about the division of property, you need to take action to ensure that you have representation that is capable of providing you with exceptional family law advocacy that respects your unique circumstances. The property division attorneys of Stolar & Associates have the necessary skills and experience to be able to craft resolutions that will work with the reality of your life and career. To schedule an initial consultation, call 310.853.5115 or contact us online.
Los Angeles, Beverly Hills, Hollywood
