Legal Question in Family Law in California
Equity
In dealing with the equity and the division, what date is used when determining that value? I have been told that whatever the market was on or close to the time of seperation is the date that sets the value of the split. Is that true?.
Asked on 4/07/08, 7:30 pm
2 Answers from Attorneys
Phillip Lemmons, Esq.
Phillip Lemmons APC, Attorneys at Law
Re: Equity
date of trail, or as close as possible
Answered on 4/09/08, 12:21 am
Anne Marie Healy
Law Offices of Anne Marie Healy
Re: Equity
It depends on the item in question, but for things like real property and stocks, etc., it is the date of the trial, not the date of separation. Consult with an attorney.
Answered on 4/07/08, 11:10 pm
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