FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / memo-community-property-lumiere-canyon.docx
memo-community-property-lumiere-canyon.docx · 1035-00005

Parties

Harkness LLP
Lumiére Canyon Studios LLC
Saldívar LLP
The LLC
Valuation Lumiére Canyon Studios LLC
Pinnacle West Appraisal Group LLC
Linden Appraisals Inc
Brindoval Forensic Document Services LLC

Dates

December 5, 2022
December 31, 2021
March 18, 2009
June 14, 2008
November 14, 2022
May 30, 2008
September 3, 2022
November 10, 2022
January 9, 2023
November 28, 2022

Amounts

$15,800,000
$31,600,000
$4,800,000
$1,500,000
$5,120,000
$342,000
$1,875,000
$500,000
$6,300,000
$78,500,000

Obligations

3d at 1014 (tracing must be accomplished through documentary evidence, not mere declarations of intent)
Under the direct tracing method, the proponent must show that specific, identifiable separate property funds were used to acquire the asset in question
The proponent must show: (a) the existence of a separate property fund or account; (b) that the funds in that account were in fact separate property (i
Exhaustion/Family Expense Method Under the exhaustion method (also known as the "family expense" method), the proponent argues that all community property income during the relevant period was exhausted on family living expenses, and therefore any remaining funds used to capitalize the business must have been drawn from separate property sources
The proponent must demonstrate: (a) the total community property income received during the relevant period; (b) the total family living expenses and other community expenditures during the same period; and (c) that community income was insufficient to cover both family expenses and the capital contribution, such that separate property funds must have been the source
The proponent must account for all sources of income and all categories of expenditure with reasonable specificity