Legal Question in Family Law in California
divorce settlement
Husb acquired his dad's 50% of a business during our 7 yr marriage.
There was tremendous profit, am I entitled to anything?
Asked on 1/29/08, 1:12 pm
1 Answer from Attorneys
Phillip Lemmons, Esq.
Phillip Lemmons APC, Attorneys at Law
Re: divorce settlement
If his labor during the marriage increased the value of the business, the community might be entitled to the difference in values. This is difficult to prove, but not impossible. You are entitled to half of the community's interest, if any.
Answered on 1/29/08, 7:23 pm
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