CALIFORNIA FAMILY LAW
...Business Interests
......C/P Interest in S/P Business
.........Nature of Interest
4 Cards On This Topic:

C/p does not acquire an ownership interest in a s/p business by virtue of the owner spouse's efforts during marriage, only a theoretical equitable interest determined as of date of dissolution.

Courts account for community efforts toward s/p through equitable apportionment after the marriage, not transmutation during the marriage.

W’s c/p interest in company renders her a beneficial shareholder.

As the source of couple’s property was H’s s/p inheritances, BOP on W to produce evidence from which the trial court may make a finding as to the value of H’s management services, and the extent to which the community shall receive credit.