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553

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Law

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Jan 9, 2024

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R oV STV I N[V K] i LAW 556: Family Law Flashcards | Quizlet Question 1 0.25 / 0.25 points Under Walsh v. Walsh, did the wife have a community property interest in the husband’s professional goodwill in a law practice established during the marriage? v/ @) Yes, since professional goodwill is an asset with value that was earned through labor during the " marriage. ' No, since professional goodwill is not marketable. Yes, but the community interest in professional goodwill is limited to the value of the husband'’s stock " redemption interest in his law firm. \ No, since professional goodwill is a matter of personal achievement and future earning capacity and " is not a property interest. Question 2 0.25 / 0.25 points Under Colorado law as interpreted In re Marriage of Olar, does a spouse have a marital property interest in the other spouse’s attainment of a professional degree? . No, since a professional degree is a matter of personal achievement and enhanced future earning ~ capacity and is not a property interest. v o) No, but one spouse’s contributions to the other’s attainment of a professional degree may form the ~ basis for spousal maintenance. . Yes, since a professional degree is an asset with value that was earned through labor during the marriage. Both (a) and (b). Question 3 0.25 / 0.25 points Which of the following statements about division of property and debt at divorce is not an accurate statement of Arizona law? V(e The court should equitably divide all property owned by the parties at the time of divorce, whether it is community or separate. = 69% @m )
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