Results 31 to 35 of 35
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02-07-2008, 09:09 PM #31
Dynasty 200DX, first generationMakita 5" grinder
Makita 14" abrasive sawIR SS5L compressorWhole bunch of hand/air tools.and a wish list a mile long
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02-08-2008, 09:14 AM #32
Member
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- Aug 2007
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- 97
All is not lost!
I didn't read all of the other posts so forgive any repetition. I'm a retired family law attorney. The way this was generally handled in my area (California) was to have the tools appraised. At the very worst, you would only have to pay her one-half of the present value at the time of the trial or settlement conference.
That would only apply to tools that were bought with community income during the time of the marriage. It would not apply to tools that were given as gifts to you or which were bought either before the marriage or after the date of separation. Those would be separate property and would not be part of the community property.
Also, here's a very good hint: In my experience, having had numerous sets of tools appraised, tools that have been marked with the owner's initials are typically worth less than 1/3 of a similar tool in unmarked, pristine conditoin. Hint, hint.
As a general rule, the courts will not force the sale of property if it can be evaluated and the person who wishes to keep it can pay one half to the other party to equalize the community property.
Remember, I said the values are taken at the time of the settlement...that is present value. Your 25 year old Sears compressor is no longer worth the $350 that you paid for it in 1983. It's now worth what? $50....$60? You get the idea.
It is true that community property is not to be sold until the case is settled. There is an injunction against the sale while the property is bieing evaluated. Also, the judge won't force you to sell the tools of your trade but you will still have to evaluate them as community property and either pay half of the value or trade for half of the value, at least in a community property state. Hope this helps. No charge.
P.S. I forgive All-About-Design for calling lawyers bloodsuckers. I feel that way about LWS's. I get screwed every time I go near one. Hahahahahahahaha.
Last edited by Synchroman; 02-08-2008 at 10:47 AM.
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02-08-2008, 02:27 PM #33
Junior Member
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- Feb 2008
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The truth is paradoxical.
When they say we work too much,
the truth is something else.
I gave my wife everything she wanted, she took all the money.
I got it all back, we reunited when I quit trying to BS myself.
Its not about tools, money, trucks or "things".
It had to do with not looking for other people to co-sign my BS.
Its the 'things' that people value so much in life that only seperates them from others, until all they've got left is stuff.
They got nothing that I would want.
If you can put a pricetag on something, its worthless.
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02-08-2008, 02:31 PM #34
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02-08-2008, 02:57 PM #35
Member
- Join Date
- Aug 2007
- Posts
- 97
Well, I often would fail to get paid, but I do get the joke.
Think how defferent things might have been if people such as Scott Peterson and Darren Mack would have pursued divorce instead of killing their spouses. Whatever you have to pay an attorney is cheaper, better and less expensive than a death sentece or life in prison without possibility of parole. People need to think carefully before making terrible choices with dire consequences.




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