Big Girls Don’t Cry, But Frankie Valli Does: An Analysis of In re the Marriage of Valli and the Effect of the Title Presumption on Community Assets

more+
less-

In a recent case involving legendary lead singer of the Four Seasons, Frankie Valli, the characterization of a simple life insurance policy was anything but simple. This case is a perfect example of how one innocent transaction by spouses can have far-reaching, dramatic results in the context of a divorce. By merely titling an asset in one spouse’s name, even without a specific intention to make such property the spouse’s separate property, the other spouse may effectively be making a gift of such property, even if the community pays for it!

LOADING PDF: If there are any problems, click here to download the file.

Published In: Family Law Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Cooper Gordon LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »