Assets in California include everything from tangible property to intangible assets. Any asset obtained during the marriage is typically considered joint or community property. Examples of assets include:
Investments
Real estate
Financial accounts
Stock options
Retirement benefits
Pension benefits
Intellectual property
Businesses.
There isn’t a legal definition to distinguish a high-asset divorce versus any other divorce. Typically, when assets are liquidated, a divorce is a high net-worth if the net liquid assets total at least $1,000,000. Our experienced attorneys in Agoura Hills could assess an individual’s divorce and determine if it would constitute a high net-worth case.