Breach of Fiduciary Duty Lawyers in Calabasas
Legal Services Also Available in Los Angeles & Ventura County
Once divorce papers are filed, you might think that you do not owe your spouse anything more. However, you have a duty to preserve community assets until the final property division. Divorce can get complex. Our lawyers have extensive experience in complex divorce cases. They will inform you of what your fiduciary duties are and will provide legal assistance if you think your spouse may have breached their duty.
But what exactly are fiduciary duties? A fiduciary is generally responsible for managing the finances or assets of another person. Basically, having fiduciary duties means you are ethically bound to act in another person’s best interests.
The Duty to Preserve Community Property
According to the law, until property division is finalized in a divorce or legal separation proceeding, all property is still considered to be community property.
Community property can include:
- Homes and other real estate
- Stocks, bonds, and other investments
- Retirement funds and pension plans
- Fine art, vehicles, and other tangible goods
Each spouse owes the other the duty not to dispose of any community property. One of the biggest issues is the duty to disclose all assets and liabilities, regardless of whether you consider it to be separate property. You must also notify your spouse of any material changes to the property, including any job promotions or bonuses you receive.
What Happens If You Breach Your Fiduciary Duty?
The consequences of breaching your fiduciary duties can be severe. The courts are not shy about handing down significant sanctions, including sanctions for bad faith and refusal to sign a divorce decree. Our lawyers can help you get a full accounting of your assets. We can also work with forensic accountants to ensure that your spouse is not concealing or disposing of assets. When significant assets are at stake, you need a law firm that has extensive experience handling high-asset divorce cases.
Call for an Initial Consultation
If you are facing a divorce, make sure you protect yourself and follow your fiduciary duties. If you want to know more about the duties you owe your spouse during a divorce or are concerned that a spouse is hiding assets, we can help.
Contact our lawyers who handle breach of fiduciary duty in divorce matters
online or call
(844) 252-1140 to schedule an initial consultation.
We have offices in Beverly Hills, Calabasas & Westlake Village.
Certified Family Law Specialists
We have three certified family law specialists on our team. A certified family law specialist must pass a rigorous exam, fulfill mandated ongoing educational requirements, been favorably evaluated by peer review, and show at least a five-year focus and proficiency in family law.
At Feinberg & Waller, APC all the attorneys attend monthly team performance strategic planning sessions to execute and deploy tactical case management objectives. Clients receive added value as they are never charged for more than two of the attorneys during these meetings yet the entire team brainstorms on each matter within the firm.
Role of the General Counsel
The office of Feinberg & Waller, APC has a general counsel whose role is to focus on law firm management, corporate governance, and business policy. The litigation attorneys are then able to focus on your matter rather than having to concentrate on running the business aspect of a law firm.
Outstanding National and International Reputation
Firm shareholder, Marshall Waller is a Fellow of the American Academy of Matrimonial Lawyers. He is also a Fellow of the International Academy of Family Lawyers. Fellows are recognized as having advanced skills in family law and are recognized leaders in the field.
Our Intake Process helps us determine if we can handle your matter while managing the needs of our existing clients.
Our Case Intake manager will ask you basic questions. Feinberg & Waller, APC limits the number of cases we accept because we’ve found that selectivity advances our commitment to excellence.
After the intake process, we run a conflict check to make sure we have not spoken with the other party in your matter in the past. If we determine that there is no conflict, our case intake manager will go over the range in fees , from our Paralegals at $195/hr, to our Associate Attorneys starting at $250/hr, and our Certified Family Law Specialists (CFLS) starting at $395/hr.
We will schedule your consultation with one of Feinberg & Waller, APC Certified Family Law Specialists. A CFLS has gone through a rigorous process of proven qualifications. If you find yourself in the position where you need to speak to an attorney immediately, you may schedule an initial consultation with Marshall Waller through our "Schedule Consultation" links.