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Frank has indicated that he has paperwork signed by Jaime McCourt that indicates that he is the sole owner of the Dodgers and their holdings. Jaime has indicated that she will fight for what she believes is her share. Jaime has stated that the Dodgers and their holdings are community property and shall be divided equally. Sources for Jaime have not stated whether or not Jaime signed a document relinquishing her rights to the Dodgers.

Parties can sign a postnuptial agreement or transmutation wherein spouses in an ongoing marriage may enter into a transaction or agreement that alters the characterization of property or indicates how property is to be divided if the parties were to divorce. However, public policy still controls these agreements and courts can refuse to enforce the agreement if it is against public policy.

It is important, no matter how large or small the asset, to consult with a California division of property attorney prior to signing any documentation changing community property to separate property or agreeing on how assets shall be divided in the event that the parties were divorced to determine your rights and protections.

Wallin & Klarich has more than 30 years of experience in family law. Our attorneys know from long experience what works in a divorce case, and are prepared to fight to get you the best possible outcome. With 16 attorneys in 33 offices throughout Southern California, we can be there when you need us — wherever you are. If you’re thinking of hiring an attorney for a mediated divorce, call us today at 1-888-749-7428 for a consultation, or fill out the online case evaluation form to the right.