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Was it a Loan from the Relatives? How is the Issue Handled in Divorce?

Posts Tagged ‘community property’

Was it a Loan from the Relatives? How is the Issue Handled in Divorce?

By Michelle Daneshrad | October 27, 2020

Mary and Gary are divorcing.  There was $200,000 from her brother that Mary invested during the marriage that turned into $300,000. Mary says that the $300,000 was her brother’s money entrusted in her to do investments for him.  Gary says that it was a loan from Mary’s brother and, therefore, the $100,000 increase is community…

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