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FAMILY LAW: AWARDS & OFFSETS FOR DELIBERATE MISAPPROPRIATION

The Court may award, from a party’s share, the amount it determines to have been “deliberately misappropriated.” Deliberate misappropriation is calculate thievery and not mere mishandling of assets, which may include: gifts by one’s spouse to a third party, gambling losses, criminal conduct causing a … Continue readingFAMILY LAW: AWARDS & OFFSETS FOR DELIBERATE MISAPPROPRIATION

FAMILY LAW: NEGATIVE ESTATES

Where the debts exceed assets, the Court may generally assign, taking into consideration the parties’ respective abilities to pay, the community debts. This post is for informational purposes (see disclaimers). Credit is due to California Civil Practice Family Law Litigation.

FAMILY LAW: LIABILITY FOLLOWING JUDGMENT

Generally, debts incurred by either spouse following judgment of dissolution or legal separation is the obligation of the party who incurred the debt. This post is for informational purposes (see disclaimers). Credit is due to California Civil Practice Family Law Litigation.