CALIFORNIA FAMILY LAW
...
Business Interests
......Characterization
4 Cards On This Topic:
Value of law practice found to be c/p.
Income from s/p investments, such as dividends upon shares of corporation stock and proceeds from the sale of s/p, are s/p.
Time, efforts and skill of owner during marriage are c/p for which c/p must be compensated.
Businesses created during marriage are presumptively community property.