As you and your spouse near the end of your marriage, you may have concerns about your financial future. One important step in ensuring you do not face your post-divorce life with financial struggles is to fight for a fair and equitable division of your marital assets. For you, this may include obtaining a reasonable appraisal of some valuables and even searching for hidden or forgotten assets.
However, even if you obtain a generous portion of community property, you may still be at risk of financial hardship if you end up with a disproportionate share of your family's debt. Many couples overlook their debt when they consider splitting their belongings, and this may leave them with an unfair burden to carry into their newly single life.