California divorce law requires full disclosure of all known assets and debts, whether those are community property or separate property in nature.
You should start by gathering documents, including tax returns, bank statements, payroll records, credit reports, and business records. You'll review these records with your divorce attorney, and your divorce lawyer will determine whether or not you should hire an appraiser to professionally value your real-estate or business assets. You may also want to consider speaking with a financial planner who specializes in the area of divorce.
This process will assure that you will have an accurate evaluation of all of your assets, and then you can divide those assets in a way that meets both your immediate and your long-term financial needs.
Julie Mack is a family-law attorney and divorce mediator with Brave, Weber & Mack in San Diego, CA.
Certified Divorce Financial Analyst
Business Valuators / CPAs