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Education

Nov. 23, 2005

Deciding What Is Community Property for Divorce

THE NEW LAWYER - QUESTION 1 COMMUNITY PROPERTY In 1998, Henry and Wilma, residents of California, married. Henry had purchased shares of stock before marriage and kept these shares in his brokerage account. The shares in the account paid him an annual cash dividend of $3,000. Henry deposited this income in a savings account held in his name alone.

        
        QUESTION 1
        
        COMMUNITY PROPERTY
        
        In 1998, Henry and Wilma, residents of California, married. Henry had purchased shares of stock before marriage an...

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