Legal Question in Family Law in California
Business Contract
My husband and I are in financial
crisis. I have spent all my money
trying to dig us out with no resolve.
Currently I have a pending contract
with a publisher. (I'm a new author
seeking publication.) However, I feel I
need to protect myself from my
husband exhausting any new effort
in destroying all of our/my
retirement. If this marriage dissolves
- which is very possible at this point -
how can I protect my new business
adventure and any income from it? I
live in California where everything is
split 50/50.
1 Answer from Attorneys
Re: Business Contract
The business was formed during the marriage and is community property. The income from a book that was written during the marriage would also be community property. You should consult with an attorney immediately and discuss the facts of your case.
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