CALIFORNIA FAMILY LAW
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Business Interests
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Goodwill
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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.