Property Division Self-Quiz
Larry and Brenda live in Washington, a community property state. Larry acquired stock in his family’s business as follows: 25% before the marriage, 25% during the marriage, and 50% after he filed for divorce. In a property distribution, how much would Brenda receive? |
Larry and Brenda live in Washington, a community property state. Larry inherited stock in his family’s business as follows: 25% before the marriage (from his deceased uncle), 25% during the marriage (from his deceased aunt) and 50% after he filed for divorce (from his deceased grandfather). In a property distribution, how much would Brenda receive? |
Jack has $50,000 in a money market account he has owned since before his marriage to Jill. Jill, full of vengeance, wants the account to be part of their equitable distribution settlement. What will result? |
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Dan worked for the telephone company. When he separated from his wife Fran, he had accumulated 72 of 78 points needed for his retirement benefits to vest. Fran petitioned for an equitable distribution of the non-vested benefits. What will result? |
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