BarMax Bar Clips: 50% of the Marital Assets?

In this week's installment of BarMax Bar Clips, we review the fundamental premise of Community Property-absent an agreement to the contrary (i.e. a prenuptial agreement) all community property (referred to as marital property in equitable distribution states) and quasi-community property must be divided 50/50 upon divorce or dissolution of a marriage.

Luckily for Marylin Rexroth, her attorney, Freddy Bender, is well aware of this rule and starts off the negotiation accordingly:

Not sure why Miles Massey acts so surprised by Freddy's initial offer, because without an agreement to the contrary, such as a 'Massey Pre-nup,' a 50/50 division of community and quasi-community assets is exactly what Ms. Rexroth is entitled to.

But hey, it's a negotiation!

In the meantime, if you stumble across any movie clips that make you think of the bar exam prep, please email us at info@getbarmax.com.

Related Posts Law

Going out of business sign

What Is Bankruptcy Law?

13 min read

Biotechnology graphic

What Is Biotechnology Law?

13 min read

Book of Business Law

What Is Business Organizations Law?

13 min read

Gavel on top of newspaper

What Is A Class Action Suit?

13 min read