Legal Question in Family Law in California
divorce and property value
When is the value of jointly owned property determined in a divorce in the state of California?
Asked on 5/20/08, 4:19 am
1 Answer from Attorneys
Brian Levy, Esq.
Law Office of Brian Don Levy
Reply: divorce and property value
In a gneeral sense, jointly owned property is valued at time of trial or settlement. There are exceptions such as businesses, which can be valued at an alternate valuation date.
For a specific opinion regarding your individual circumstances, I suggest that you consult with an experienced family law lawyer. Experience is not expensive, it's priceless!
You will find some valuable information on various California family law issues by visiting my web site.
Good luck to you!
Brian Levy, Esq.
www.calattorney.com
Answered on 5/20/08, 11:29 am