Sw3tflower
Member
What is the name of your state (only U.S. law)? Calif
The judge granted a joinder of a commercial building held as an LLC. My stbx owns 50%, his partner the other 50%. It was bought 10 years ago. We were married 30 years.
Real estate has gone down. They probably have no equity in the building. The LLC rules state one of them (or both) must buy me out if we divorce.
Am I entitled to (25%) of the currant appraised value MINUS the amount owed or the currant appraised value period? Or the value at the time of seperation (3 years ago)? Community property and my personal property has been invested in the LLC. I would like some of it back.
Should I wait till the market goes back up or just take it an run? My stbx says he owes me nothing because the value has gone down.
The judge granted a joinder of a commercial building held as an LLC. My stbx owns 50%, his partner the other 50%. It was bought 10 years ago. We were married 30 years.
Real estate has gone down. They probably have no equity in the building. The LLC rules state one of them (or both) must buy me out if we divorce.
Am I entitled to (25%) of the currant appraised value MINUS the amount owed or the currant appraised value period? Or the value at the time of seperation (3 years ago)? Community property and my personal property has been invested in the LLC. I would like some of it back.
Should I wait till the market goes back up or just take it an run? My stbx says he owes me nothing because the value has gone down.