Legal Question in Family Law in California
Overseas assets and divorce
My wife has substantial property overseas (I have proof), a well funded US bank account, and 4 yr degree. Her income here in the US, however, is nominal because of her language barrier. If we were to divorce, would her assets limit my having to pay allimony?
3 Answers from Attorneys
Re: Overseas assets and divorce
Yes, but of course no guarantees. You should consult with an attorney regarding your case. There are many issues to take into consideration in deteriming whether spousal support should be ordered.
Reply: Overseas assets and divorce
In a general sense, under California law, the court will consider either the rate of return on her assets or an imputed rate of return on her assets in assessing spousal support.
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
Re: Overseas assets and divorce
Your wife's overseas assets will affect her need for support and would reduce your support obligatiion and possibly set support at $0, based upon your income and her income, or ability to earn, from her investments. Good Luck, Pat McCrary
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