WILL I RECEIVE ANY MONEY FROM MY HUSBAND'S NON-PROFIT MEDICAL MARIJUANA BUSINESS?

QUESTION: My husband is sole officer of his medical marijuana business, and it's registered as a "health" non profit in CA. Could I argue it's not a true non profit? Could I use argument that the federal government doesn't view these businesses as non profit and actually views them as illegal? ============================================== MY RESPONSE: Merely because the business is registered as a non-profit business does not mean that its officer doesn't receive any income for running the business. Your husband's income from that business is community property, and anything purchased with that income is community property. In a divorce, your husband's income would be a source for calculation of, and his payment of, Spousal Support. Furthermore, if that business was started during the marriage, it is community property, and you may be entitled to an equalization payment for your community interest in that business. You would best retain an experienced Family Law Attorney to advise and represent you in your divorce. =============================================== This educational blog is brought to you by DONALD F. CONVISER, an effective and aggressive Los Angeles Family Law Attorney and Divorce Lawyer serving clients in the courts of Los Angeles and Ventura County for over 35 years,owner of Warner Center Law Offices, with offices in Woodland Hills and Century City. Call 888.632.4447 or 818.880.8990 for a free confidential consultation with a Certified Family Law Specialist to discuss your divorce or family law issues. | www.conviser.net | www.conviserfamilylaw.com |