What date is used to value my assets?

The Court is obligated to value assets as of the date of trial.  Family Code 2552. However, if there is good cause, the parties can request that the Court value the assets at a date following separation but prior to the trial.  Family Code 2250(b).

A good example of when this is appropriate is if you have small business or if there has been a significant period of time between the date of separation and the date of trial.

If you are concerned about the valuation of your assets, you should consider working with a family law attorney to determine what is the best valuation date. Contact me at amanda@gordonfamilylaw.com for more information.