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Law Practice

Oct. 23, 2010

Post-Split Profits Community Property

Paging divorcing lawyers: Partnership profits earned during marriage qualify as community property, even if they were distributed after separation, a California Court of Appeal ruled Thursday.

By Anna Scott

Daily Journal Staff Writer

Paging divorcing lawyers: Partnership profits earned during marriage qualify as community property, even if they were distributed after separation, a California Court of Appeal ruled Thursday.

Justice Jeffrey W. Johnson of the 2nd District reversed a Los Angeles County Superior Court finding that SNR Denton partner Martin Foley's 2004 partnership profits from the firm (then known as ...

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