CALIFORNIA FAMILY LAW
...Community Property Issues
......Specific Assets
.........Life Insurance/Annuities
............Whole Life Insurance
4 Cards On This Topic:

Valuation of whole life insurance policies.

Unless statutory transmutation requirements met, life insurance policy purchased with c/p during marriage remains c/p after divorce; EC 662 title presumption does not apply when it conflicts with F/L transmutation statutes.

Cash surrender value convenient, although not necessarily accurate, measure of value.

Court must divide cash value of policies, but may award policies to either of parties.