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2-people-Seperate households-marrrage penalty?
I think she is correct. See CCP 703.110
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Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173
(818)509-1460 (fax)
e-mail: bklawr@bklaw.com
web: http://www.bklaw.com/
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----- Original Message -----
To: cdcbaa@yahoogroups.com
Sent: Tuesday, May 10, 2005 10:16 AM
Subject: [cdcbaa] 2-people-Seperate households-marrrage penalty?
Greetings:
Consider if you will the following:
Husband & Wife, - separated, separate households, have for some time
(more than 6 months)
Bankruptcy filed jointly; limited assets, contested personal injury
claim -wife
Husband has Intellectual property of undetermined value, screenplay-
never marketed.
Both elect 703 exemptions,
Trustee (Amy Goldman) contends that because they are still married
and elected to file jointly they must share a single set of 703
exemptions.
Is anyone aware of Authority for this proposition? Or preferably
supporting my position that 703 exemptions are individual-
Opinions in the absence of authority?
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I think she is correct. See CCP
703.110
***********************************************Mark J. MarkusLaw
Office of Mark J. Markus11684 Ventura Blvd. PMB #403Studio City, CA91604-2652(818)509-1173(818)509-1460 (fax)e-mail: bklawr@bklaw.comweb:
The post was migrated from Yahoo.
Check CCP sections 703.110 and 703.140. Married means one set of exemptions
for both.
Law Office of Eric Alan Mitnick
21515 Hawthorne Boulevard, Suite 1080
Torrance, CA 90503
(310) 792-5864; 792-5866 (fax)
MitnickLaw@aol.com
Check CCP sections 703.110 and 703.140. Married means one set ofexemptions for both.
Law Office
of Eric Alan Mitnick21515 Hawthorne Boulevard, Suite 1080Torrance,
CA 90503(310) 792-5864; 792-5866
The post was migrated from Yahoo.
Greetings:
Consider if you will the following:
Husband & Wife, - separated, separate households, have for some time
(more than 6 months)
Bankruptcy filed jointly; limited assets, contested personal injury
claim wife
Husband has Intellectual property of undetermined value, screenplay-
never marketed.
Both elect 703 exemptions,
Trustee (Amy Goldman) contends that because they are still married
and elected to file jointly they must share a single set of 703
exemptions.
Is anyone aware of Authority for this proposition? Or preferably
supporting my position that 703 exemptions are individual-
Opinions in the absence of authority?
The post was migrated from Yahoo.