To determine whether a leased vehicle is considered an asset in the marital estate, your San Diego divorce attorney must decide if the subject lease is a “true lease” or a “lease purchase.”  Generally, true leases are excluded from the marital estate, whereas lease purchases are treated like any vehicle purchased by making a down payment and subsequent periodic payments.

Because divorce affects a person’s life so pervasively, it is important to plan for the changes that life as a single person will bring. A useful tool for a divorcing individual is to make a checklist.