Asked over 1 year ago - San Francisco, CAFlag
I have a small business and property out of state acquired before marriage, is she entitled to any of that?
If the value of your business (or other asset) increased during the marriage, it is possible that she may be entitled to a portion of the increase. For example, if the business was worth $500,000 at the date of your marriage and is worth $600,000 today, she may be entitled to a portion of the $100,000 increase. It is not automatic by any means.The decisive factor will be whether or not she did anything that substantially contributed to the increase in the value of the business. Also, the short duration of your marriage is a factor in your favor.
26,433 answers this week
2,679 professionals answering
Don't speak legalese? We define thousands of terms in plain English.Browse our legal dictionary