Dedicated Representation Exclusively in Family Law Entrust your case to Attorney Paul Eads.

California Family Code

Family Code section 2102

CHAPTER 9. Disclosure of Assets and Liabilities [2100 - 2113]

( Chapter 9 added by Stats. 1993, Ch. 219, Sec. 107. )

2102.

(a) From the date of separation to the date of the distribution of the community or quasi-community asset or liability in question, each party is subject to the standards provided in Section 721, as to all activities that affect the assets and liabilities of the other party, including, but not limited to, the following activities:

(1) The accurate and complete disclosure of all assets and liabilities in which the party has or may have an interest or obligation and all current earnings, accumulations, and expenses, including an immediate, full, and accurate update or augmentation to the extent there have been any material changes.

(2) The accurate and complete written disclosure of any investment opportunity, business opportunity, or other income-producing opportunity that presents itself after the date of separation, but that results from any investment, significant business activity outside the ordinary course of business, or other income-producing opportunity of either spouse from the date of marriage to the date of separation, inclusive. The written disclosure shall be made in sufficient time for the other spouse to make an informed decision as to whether he or she desires to participate in the investment opportunity, business, or other potential income-producing opportunity, and for the court to resolve any dispute regarding the right of the other spouse to participate in the opportunity. In the event of nondisclosure of an investment opportunity, the division of any gain resulting from that opportunity is governed by the standard provided in Section 2556.

(3) The operation or management of a business or an interest in a business in which the community may have an interest.

(b) From the date that a valid, enforceable, and binding resolution of the disposition of the asset or liability in question is reached, until the asset or liability has actually been distributed, each party is subject to the standards provided in Section 721 as to all activities that affect the assets or liabilities of the other party. Once a particular asset or liability has been distributed, the duties and standards set forth in Section 721 shall end as to that asset or liability.

(c) From the date of separation to the date of a valid, enforceable, and binding resolution of all issues relating to child or spousal support and professional fees, each party is subject to the standards provided in Section 721 as to all issues relating to the support and fees, including immediate, full, and accurate disclosure of all material facts and information regarding the income or expenses of the party.

Client Testimonials

  • “I was able to text and call him and he would reply rapidly.”

    Jennifer C.

  • “Mr. Eads was able to help structure a settlement that allowed me to keep my business while sharing the business debts with my ex.”

    J.A.

  • “His knowledge of the law is impeccable. ”

    Anbu R.

  • “So glad I contacted him for my situation and truly believe he loves to help people fix their situation.”

    Raquel S.

  • “You're in excellent hands when Mr. Paul Eads is in your corner!!!”

    Peggy P.

  • “He answered all my questions and gave me options and was very polite.”

    Youdiski Z.

  • “He is fair, honest, and very knowledgeable about all aspects of law.”

    Josh L.

  • “Paul is good at what he does. And that is simply family law. ”

    Thomas A.

  • “He was very sympathetic to my cause and was very reassuring when I needed his assistance. ”

    Albert N.

  • “Not only did Mr. Eads get my daughter returned to me, I was able to have full physical custody.”

    Paul W.

  • “Mr. Eads, I am forever grateful for your top-notch service.”

    Jenna P.

  • “His knowledge and experience in family law radiates through his conversations and he made me feel comfortable.”

    Therisa H.

  • “Mr Eads Esq is the best around. ”

    Chris T.

  • “It was definitely a no hassle experience. Thank you!”

    Shannon R.

  • “ I was barely able to make ends meet. Mr. Eads worked out a payment plan with me and reduced my arrears.”

    John H.