Legal Question in Family Law in California

Married with potentiall successful business

I started a business in Jan 2006. I got married Sept 2006. My wife, who is an attorney, stated that 50% of my 100% corporate owned assets are hers. She is not a corporate owner but stated since we are married she is entitled to ''at least half'', which she said is law. My theory is that the business started before we got married and she has nothing to do with the daily operations of the business, so she is entitle to nothing.


Asked on 11/26/07, 12:21 pm

1 Answer from Attorneys
Lyle Johnson Bedi and Johnson Attorneys at Law

Re: Married with potentiall successful business

This is a complex issue. The value of the business at the time of the marriage is your separate property interest. However, your effort in operating the business after the marriage is community property. There additional factors that may apply to your case. Also the value of your separate property interest in the business may be very small. Consult with an attorney regarding the separate property and community property interests.

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Answered on 12/06/07, 1:38 am


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