CALIFORNIA FAMILY LAW
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Community Property Issues
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Division of C/P
.........Discretion
5 Cards On This Topic:
Trial court has broad discretion as to method of effecting substantially equal division of property.
Award of residence to H and income property to W affirmed, irrespective of W's having never managed income producing property.
Courts have discretion as to how the equal division is accomplished.
Trial court’s discretion to fashion equitable remedy to division of c/p.
Once decedent transferred life insurance policy to irrevocable life insurance trust, he no longer had ownership interest in the policy and it was not subject to creditors' claims; no implied revocation.