Legal Question in Family Law in California
Intellectual Property in a California Divorce
As a hobby I write songs, and although they have no commercial value as yet, I believe they have the potential. Unfortunately, I am also considering a divorce, and I consider these songs a valuable asset. How should these be handled in a divorce, especially if later on these songs were to generate significant income? My wife played no part in the creation of these songs (albeit, her actions inspired many of the precepts behind the songs).
2 Answers from Attorneys
Re: Intellectual Property in a California Divorce
I would not try to get an answer to this question online. Anyone could be reading it. I would call an attorney to get a free consultation.
Re: Intellectual Property in a California Divorce
Typically assets are valued as of the date of the trial. Therefore the assets needs to be valued and
awarded to one person. If the have little current value then you would get them at the small value. If they later become valuable, she would have not claim. Good Luck, Pat McCrary
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