CALIFORNIA FAMILY LAW
...Business Interests
......Goodwill
.........Limitation by Agreement
............Agreement Doesn't Control
3 Cards On This Topic:
  • Partnership agreement cannot change character of income; if work to generate it done during marriage, fact that right to receive it vests after DOS does not change its character.
  • Withdrawal provisions of medical partnership agreement do not control valuation of goodwill in dissolution.
  • Amount shareholder of law firm entitled to receive upon withdrawal not controlling in dissolution.