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§3.02 In-Kind DivisionWhen feasible, one of the more common methods for dividing community property is to award one-half to each party. [Marriage of Cream (1993) 13 CA4th 81, 88; Marriage of Brigden (1978) 80 CA3d 380, 390.] This is called an "in-kind" division. An equal in-kind division avoids valuation problems. It eliminates the need to place a disproportionate risk of loss on either party, is impervious to charges of favoritism, and apportions the risk of future tax liabilities equally. [Marriage of Brigden, supra, 80 CA3d at 391.]
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Intro | Table of Contents | How to Use | Resource Materials | Review | Evaluation | Exit © 2006 by Judicial Council of California |
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