Todd v. Todd
California Court of Appeal
272 Cal. App. 2d 786 (1969)
Relevant factsFree
Mrs. Todd's (plaintiff) income supported the community and paid for Mr. Todd's (defendant) legal education during their marriage, and his law practice earned about $23,412 annually by the time of their divorce; the trial court valued the practice at $9,866.47 based on goodwill, receivables, and bank funds but awarded none of that value to Mrs. Todd in the property division.
IssueFree
Whether the value of a professional practice is considered community property subject to division upon dissolution of a marriage.