alexa Posted November 18, 2001 Posted November 18, 2001 Is anyone familiar with California's brown law? If so, could you elaborate; a cite would be nice thx
Mike Preston Posted November 22, 2001 Posted November 22, 2001 The Brown rule is actually a shorthand abbreviation for a number of cases that have reinforced the "time rule" for divorces in California. See this page for some clarification: http://www.split-up.com/splitgen/sp/ca/pen...italportion.htm The Brown case itself stood for a somewhat esoteric issue revolving around whether to include non-vested benefits in the time rule determination. Per the Brown decision, all benefits, whether or not vested are appropriately considered as part of the marital estate. This does not preclude valuation per a discount, if appropriate, to take into consideration the potential that the non-vested benefit may never become vested. hth
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