A division of individual retirement accounts (IRAs) can be ordered in a divorce decree or a property settlement agreement that's been recognized by the court. Everyone knows that one aspect of a divorce is dividing marital property, known in Maryland as the equitable distribution of property. The parties were going through a divorce in Arizona. The divorce process may also consider debt in the division of property. At Goldman Law, we understand that preparing all the necessary documents for your divorce can seem overwhelming. In addition to a proposed property division plan, divorce attorneys with Stewart Law Group also assist their clients in negotiating parenting plan agreement s and spousal maintenance terms. § 25-318, that allows a judge to order the sale of the property as part of a divorce decree. (By Appointment Only) 4531 North 16th Street, Suite 126 Phoenix, AZ 85016 Phone: 602-252-1968 Phoenix Law Office MapA stock option gives an individual the right, but not the obligation to buy or sell a stock at an agreed upon price for a fixed period of time. In a divorce, your spouse will have a 50% claim in the value of the company or any stock options you hold (assuming that the business was started during marriage and all of the stock was vested). HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS. Choosing between term life and another policy type. Of course, the couple can enter into an agreement before the marriage, explaining how to distribute the marital property upon divorce. m. A wife won the lottery with a group of coworkers, but didn't tell her husband about the winnings and filed for divorce 11 days later. e. A marriage breakdown is emotionally draining, and it can be especially so when it comes to the financial picture. What if I change my mind after starting a divorce case? If you and your spouse decide to stay married, the divorce case can be canceled (or "dismissed") by fil-ing a request with the Clerk of Superior Court. Retirement Assets. A quarter of those vest every year for the next four years. For instance, if the option is valued at $100,000,. While child custody can become a contentious issue in a divorce, determining the future of family pets can also be emotionally challenging. This typically occurs when a spouse owns a home during a marriage but then adds his or her spouse’s name to the Deed to the home. North Carolina's Equitable Distribution Law requires every marital asset to be valued before it is divided, and determining the value of stock "options" has caused headaches for many Divorce Attorneys and Judge's alike. Typically, they'll include the written agreement along with the other. The first step in property division is to identify all of the property currently owned by either party. To divide a business in a divorce, the court will look at relevant financial information such as contracts, invoices, certificates, balance sheets, profit and loss statements, and more. Identify Property. Jeff Bezos is splitting up with his wife—which means they have an estimated $137 billion in assets to divvy up. settling an ambiguity about inherited property. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA. View his Divorce Magazine profile. Call us today at (480)305-8300 or complete our new client form to learn how much you or your spouse will receive from a pension in a divorce in Arizona. Call us today at (480)305-8300 or reach out to us through our appointment scheduling form to schedule your personalized consultation and turn your Arizona community property case around today. Wife claimed that these were community property assets. Stock options earned during the marriage are divisible in divorce. However, if the spouse’s efforts during. They can help work out the best co-parenting or custody arrangement for you. Getting a full disclosure from your former spouse about each employment benefit is immensely important. The division of community property, due to death or divorce, varies in. Millions and millions of dollars of wealth is unnecessarily destroyed each year when a divorce leads to an annuity contract being divided as part of the divorce settlement. Contact an experienced family law attorney today by calling the law offices of DeShon Laraye Pullen PLC at 602-252-1968. Sec. Rio Salado Pkwy. Options that are granted, are for the purpose of rewarding past performance, and have not vested at the time of the divorce are generally divided using the “time rule,” giving a party a progressively smaller percentage of options that vest farther from the divorce date. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY PROPERTY DIVIDED IN ARIZONA;Equitable Distribution. Bio and Articles. S. Our Arizona divorce attorneys have over 100 years of combined experience successfully representing clients in divorce cases in Arizona. Stock Options and Restricted Stock and Your Divorce. . Get the right guidance with an attorney by your side. With My AZ Lawyers. California appellate case law has two “time rule” formulas that can be applied to such options. The same is true for your spouse’s 401 (k) if they have one. This summary serves as a general overview of community property laws. Receiving unvested stock from a company isn’t like getting a bonus paycheck. The wife asked for the court to divide the retirement as community property. Because stock options are an extremely complicated topic when it comes to division in divorce actions, this article is just an overview of the basics. If you have been married for a lengthy period of time and have accumulated substantial assets, it can be even more complex. The two approaches are: Community property: In community property states, marital property is divided 50/50. One of the most complicated steps in any divorce proceeding is the division of assets. Facts of and Case. Defining Arizona Community & Separate Property in a Business Context. In the dissolution of marriage in Arizona, all marital property and debt must be distributed between spouses. Adam Ramirez has been writing and editing about the law and legal issues for more than 20 years. The court awarded some of the guns to the husband as his sole and separate property but divided other firearms as community property. If you are facing a contentious divorce, call Thomas Law Office at (602) 788-1395 to schedule a consultation to. This represented her share of the community income earned during their three years of separation. It is a court order that divides pension payments between spouses. 3d 599 (Ariz. They will advocate for a division of property that works in your favor. 95, stock options must be further looked at to see the terms of their execution as well as when the grant would be. The property remains separate but the community has a lien for the amount invested. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS. Arizona Divorce: Dividing Business Profits. This can be great if you’re facing foreclosure, repossession, or wage garnishment, but it’s not so good for your divorce case. Koelsch, noted that property earned by either spouse’s employment is community property in Arizona. Under Arizona law, a parent can ask the court to modify child support obligations upon a showing of changed circumstances. 8,902. Stocks that have vested but have not been exercised. 171 and 3105. Employers may get dragged into an employee’s divorce when stock options are involved. Further, the disclaimer deed will clearly state that the spouse signing it is waiving (disclaiming) any interest in the house being purchased. , Suite #100. There are different approaches to dividing RSUs and stock options in divorce: An employee-spouse could buy out the other spouse’s share using other available funds. A judge will divide a divorcing couple's property and debts, unless the couple is able to reach a settlement agreement. Our Arizona community property and family law attorneys have over 100 years of combined experience successfully representing clients in community property and family law cases. During a divorce in Arizona, the equity is often relied upon as a bank account in the property settlement, and to start your new life. The most common filing fees are listed below: Petition for Dissolution (Divorce) – $338. While they what married, to husband had acquired an interest in ampere ranch with theirs father. Dividing the Property. Foster, the husband filed an appeal of the trial court’s division of guns in an Arizona divorce. 24/7 Call (602) 254-8880Where do I go to for a divorce? The Supreme Court of the State of New York is the only court that handles divorce cases, and a Supreme Court judge is the only person who can legally grant a divorce. This is because stocks are considered to be property, and property is subject to division in a divorce. The Arizona Supreme Court in the Johnson v. read more. Becchelli, 109 Ariz. It may also mean that the stocks are “under water” such that it does not make financial sense to purchase stock that has dropped in price below the exercise price. All filing fees are payable to the Clerk of the Superior Court when you file your documents. In some states, property acquired during the marriage is part of the “community" and is often split 50/50 in cases of divorce. Under. If you have questions about sharing a personal injury settlement in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. With stock options, the employee has the right to buy stock in the employer at a pre-set price (called the “strike price”) usually following a waiting period (called the “vesting period”). Published By: My AZ Lawyers. C. How to File for a Divorce Without a Lawyer in Arizona (Arizona Divorce Laws) In Arizona, all divorce and family law cases fall under the Superior Court’s jurisdiction. C. A court may exclude from division options that are unvested at the time. In a decree of divorce or annulment, the court shall order a division of the estate of the parties in a manner that the court deems just and right,. Once served, the respondent has 20 days to respond to the petition if they are an Arizona resident or 30 days if they are an out-of-state. Fellow also acquired stock within Western Drilling Company. 1. In many divorce cases, the couple’s credit scores get hit from a combination of things before and during a divorce. With a traditional 401 (k) account, a judge would order these funds, which were accrued during marriage, to be split through what’s called a Qualified Domestic Relations Order. Adding your spouse to the title to your sole and separate home constitutes a gift of your separate property to the community. In the case of In Re Marriage of Inboden, 225 P. To do that. A. How to file a divorce in Connecticut. If you have questions about s spouse hiding assets in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. If you have questions about purchasing property with separate funds to be held jointly in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. L. 2010), the Arizona Court of Appeals discussed whether a divorce court can divide the equity in a marital home on the basis of each spouse’s contribution of separate property to its purchase. In Arizona, as a community property state, any 401(k) funds accumulated during the marriage are subject to equal division between spouses. How Are Assets Divided in a Divorce in Arizona? When a couple divorces in Arizona, the court will divide the community property equitably. Questions & Answers A. Arizona Divorce Rules and Property Division. Czarnecki in 1973. However, an Arizona judge may only consider those capital gains taxes if a sale of the. September. CHAPTER 7. Jimenez had to address the issue, among others, of whether an Arizona divorce court has the legal authority to join a third party in a divorce case for the purpose of allowing a spouse to bring a fraudulent conveyance claim in an Arizona. Stock plans rarely allow. Most of the assets that are acquired by either party during a marriage are automatically considered marital property. In other words, after the value of stock options is ascertained by an expert witness, like a forensic accountant, the stock options can often be offset against other marital assets in the property division aspect of a divorce. The options are distributed by something called a Callahan Trust, which is a constructive trust. Generally, people believe an uncontested divorce means that the spouses agree on everything and do not need legal advice or a family law attorney. When you begin the process of getting divorced in Arizona, you will come to learn that most of the contention is around two things: child custody and financial matters. 8 out of 5 stars. In the state of Arizona, all assets acquired during the marriage, by either spouse, are presumed to be community property. Equalization Payments. Each case is different, the calculations are complex and care must be taken when considering any model or formula. Dividing business profits during a divorce in Arizona can be a very complicated issue. THE MARRIAGE RELATIONSHIP. In the vast majority of cases, itDividing 401 (k)s and pensions can seem quite complex because you need to obtain a Qualified Domestic Relations Order (QDRO), which is a court order separate from a divorce decree. In general, this means that any asset that you and your. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY PROPERTY DIVIDED IN ARIZONA;Stock Option Challenges. In fact, there are significant differences between traditional divorces and high-asset divorces. Other formulas may be used and the individual grants may also be considered on a case-by-case basis. how stock options are divided in an arizona divorce; how are retirement accounts divided in an arizona divorce; filing a lis pendens in a divorce in arizona; fair compensation defense in an arizona divorce; enforce a property settlement agreement in arizona; do rules regarding property apply to debts in arizona; division of debt in an. m. Unlike in some states, the property may not be divided equally 50/50, but equitably in the eyes of the judge assigned to your case. Some formulas apply to options granted prior to the marriage that vest. The first thing to consider whether you should keep your house in a divorce in Arizona is whether you have children. This will allow you to work together to secure your short. M. T. An increase in the value of that separate property during the marriage is also separate property. There are dozens of issues that need to be settled in a divorce, but dividing up finances is understandably a priority. But even getting a complete list of the assets can be challenging. The spouses’ written separation agreement sets forth every agreed term. This can be a good option when you don’t want or can’t trust your ex-spouse with the responsibility. each party's age, health, and station in life. The most common issue concerning stock options in California divorces arises when they were granted during the marriage but vest after the date of separation. The first thing you should know is that Arizona is a community property state. For Immediate Help - Call Us (480) 438-8014. The Minnesota Supreme Court outlined a method of division for vested but unmatured benefits in the case Taylor v. Taylor, 329 N. If you and your soon to be ex are involved in a dispute over the family dog, cat, horse or any. That would make the Drahos calculation as follows: 70,000 + [ (70,000/100,000) x 200,000] = 210,000. . 2d 214, 116 Ariz. ARS § 25-318. One of the most important aspects of many divorce cases concerns what. However, if your spouse is a non-resident alien, you will be taxed for. Vested vs. Stock Options and Divorce in Arizona The Arizona Court of Appeals issued a decision regarding whether stock options that have not vested before the petition of dissolution is served. Brown can be reached in Los Angeles by phone at (323) 766-6426. Code §36-4-101 (2022). Arizona Divorce Rules and Property Division. An option is exercised when the employee purchases the stock under the terms of the. App. § 25-318 gives the court in a divorce case jurisdiction over the division of property held by the spouses in joint tenancy; however, in this case, the property was acquired before the adoption of the 1962 amendment and was therefore not affected by this amendment. Divorce Rules and Property Division in Arizona. However, special circumstances exist in certain cases of military benefits, such as Combat-Related Special Compensation payments and other forms of military disability payments that may not be divided in an Arizona divorce. Separate property, on the other hand, may be protected from division and wholly awarded to the spouse who owns it. 2d 712 (1953), the Arizona Supreme Court considered the question of whether Arizona courts would enforce an agreement made by an unmarried, cohabiting couple to pool their earnings and share equally in all assets gained during their time together. There were two blocks of stock options in dispute (i. 2017). Lifgren addressed that issue. Our family law firm has earned numerous awards such as US News and World Reports Best Arizona Family Law Firm, US News and World Report Best Divorce Attorneys, “Best of the Valley” by Arizona Foothills readers, and “Best Arizona Divorce Law Firms” by North Scottsdale Magazine. EXCLUDING CAPITAL GAINS. For example, if you have stock options that have not vested during the marriage, they may not be included in the marital pot. Questions &. An experienced lender can help with analyzing the situation and determining what can be done to fix the credit and raise the scores. There were two blocks of stock options in dispute (i. Under this method, the court determines the community interest in the pension and its present cash value. Adam Ramirez has been writing and editing about the law and legal issues for more than 20 years. An Equal Distribution of Community Assets is Required in Most Cases. Valuation Methods. Jeffrey A. In the case of In Re Marriage of Inboden, 225 P. Then turn left onto E Chaparral Rd and turn right onto N 76th St/N Miller Rd. The employee can hold the non-employee’s share in a constructive trust. (480) 833-8000. prenuptial agreements between the spouses. , the first party 50% and the second party 50%). Our Arizona community property and family law attorneys have over 100 years of combined experience successfully representing clients in community property and family law cases. , 4,000 and 1,800), both granted on November 7, 1990. Community property covers buildings, land, money in all its varied forms (cash, investments, bank accounts, and so on) stock options, vehicles, jewelry,. m. Rio Salado Pkwy. Open a credit card in your name alone. Call now to schedule a consultation with our award winning family divorce & family lawyers. Before we discuss the division of Employee Stock Options, a basic understanding of how they function is important. Call the Family Law Team at (480) 467-4348 to. Keep in mind that division of assets may be more complicated for certain types of companies, such as a service-based business. Most debts incurred during a marriage will need to be divided during divorce proceedings. Buying out the other party. They separated in 1990 and began discussing how to divide their property. Our family law firm has earned numerous awards such as US News and World Reports Best Arizona Family Law Firm, US News and World Report Best Divorce Attorneys, “Best of the Valley” by Arizona Foothills readers, and “Best Arizona Divorce Law Firms” by North Scottsdale Magazine. If you have questions about s spouse hiding assets in an Arizona divorce case, you should seriously consider contacting the attorneys at Hildebrand Law, PC. , Suite 206 Tempe, Arizona 85281. In the case of an Incentive Stock Option, the taxpayer does not recognize income upon the granting or exercise of the option. 3) The recent housing market is an advantage to sellers–you may be able to get a higher price for your home now than you would after the divorce is final. The wife asked for the court to divide the retirement as community property. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE;. Generally speaking, Arizona will treat stock options in much the same way that they do pension plans. If you have more questions beyond "how are stock options from employers divided in a divorce," contact our Virginia family lawyers online or call (888) 530-4374 to schedule a consultation. Receiving unvested stock from a company isn’t like getting a bonus paycheck. Ct. 7,300 of the stock options were granted after the complaint for divorce was filed. Order a free credit report. Section 25-215, “Liability of community property and separate property for the community and separate debts,” states in pertinent part:. The same is true for the Arizona divorce process. Our family law firm has earned numerous awards such as US News and World Reports Best Arizona Family Law Firm, US News and World Report Best Divorce Attorneys, “Best of the Valley” by Arizona Foothills readers, and “Best Arizona Divorce Law Firms” by North Scottsdale Magazine. Martin to pay Mrs. “One spouse may. You need to get an attorney. each spouse's age and physical and emotional health. Therefore, stock options earned during marriage are marital property subject to. If you need information about what happens to an increase in the separate property during a divorce in Arizona, you should seriously consider contacting the attorneys at Hildebrand Law, PC. Calculating and dividing stock options in divorce and analyzing the same as income for purposes of spousal maintenance and child support can be a complicated undertaking. In a community property state, marital property becomes community property, which is jointly owned by both spouses. Under an equitable distribution approach, your marital property will be divided equitably or fairly, but not necessarily equally. )How to file a divorce in Maine. SUBTITLE C. Community property is required to be divided during the divorce process. Arizona community property laws provide that, with a few exceptions, all property acquired by either spouse during a marriage is community property. DISSOLUTION OF MARRIAGE. Call us today at (480)305-8300 or reach out to us through our appointment scheduling form to schedule your personalized consultation and turn your Arizona community property case around today. Proving Separate Property in an AZ Divorce | Hildebrand Law, PC. , Suite 206 Tempe, Arizona 85281. The Arizona Court of Appeals in the published case of Amadore v. B. Mr. Generally, filing fees range from $200 to $250, with additional costs for court-related services. Green, 64 Md. Another thing that a spouse should keep in mind is that there are many types of marital property. Such property includes: Professional licenses; Stock options; Retirement plansPosted On May 25, 2022 In Divorce. The new law went into effect on January 1, 2019. 70. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE; HOW IS COMMUNITY PROPERTY DIVIDED IN ARIZONA;The first issue is supported by the well-established rule in Arizona presuming a gift occurs if one spouse places separate real property in joint tenancy. 29 and the purchase price was $199,900. Valuation of Stock Holdings and Debt in an Arizona Divorce as Explained by the Arizona Community Property Attorneys at Hildebrand Law, PC. Mesa Location: 1731 West Baseline Rd. Distributing Stock Options During an Arizona Divorce. HOW STOCK OPTIONS ARE DIVIDED IN AN ARIZONA DIVORCE;. Read more general information about property division here. Let our property division lawyers use our knowledge and experience to put a price on your stock options and figure out how to make them work as part of your proposed plan for the division of marital assets. For these reasons, it is not common for the court to divide property unequally in a divorce. If there are significant assets as well as debts involved, the situation can get very complicated. HOW STOCK OPTIONS ARE DIVIDED IN. Additionally, Arizona’s divorce law. If you have a question about divorce in Arizona, please call to speak to one of our experienced Scottsdale and Phoenix Arizona divorce attorneys at (480)305-8300. When dividing assets, the question of stock options may come up. However, if the spouse’s efforts during. App. If you are considering a divorce in Massachusetts, and are unsure of how your stock options or RSU's will be divided, call Mavrides Law at 617. Mitchell v. Jared Spinelli, a divorce attorney and Partner at Rubin and. In such event, it is clear what party will receive the business. A divorce decree was issued dissolving the parties’ marriage, dividing their marital assets, and awarding Wife spousal maintenance of $600 for 120 months. , Suite 206 Tempe, Arizona 85281. the length of the couple's marriage. Since 1997, each spouse may exclude up to $250,000 (or $500,000 as a couple) from any capital gains tax if the spouses have lived in the house for any two of the last five years. App. Rio Salado Pkwy. separate property and how marital property is divided). . Specifically, the Arizona Supreme Court in the Johnson v. Divorce is never easy, but working with the right Arizona divorce attorney can make the process a little more manageable. Nations Top 1%, Free Initial Consultations with a Lawyer. After cashing in nearly US$30,000 to pay support, the husband saw his remaining unexercised stock options drop in value to about US$7,600 by the time of trial. Yes. Divorce attorneys may know family law, but they typically know little about tax law - especially when it comes to annuities. Call Us: (480) 219-2433. Separate property is owned by only one of the spouses, and thus is not subject to division during a divorce. The court awarded assets totaling $184,843 to wife and $215,211 to the husband. whether a spouse brought property into the marriage. What is a divorce? Divorce is a civil lawsuit to end a marriage. A stock option is a legal right to purchase one share of stock for a specific price (the strike price), regardless of the price at which the stock is actually trading. No matter what the facts, you will have to hire a talented. A judge in Arizona is required to fairly and equitably divide the parties’ property and debts in an Arizona divorce or legal separation. 2d 795 (Minn. In Van Loan v. For example, if a spouse has. Arizona Revised Statute Section 25-318 (B) allows a judge to consider the taxes that will become due upon the sale of an asset, such as capital gains taxes on a home. The person responding to the divorce is called the Respondent. Options that are granted, are for the purpose of rewarding past performance, and have not vested at the time of the divorce are generally divided using the “time rule,” giving a party a progressively smaller percentage of options that vest farther from the divorce date. In an Arizona divorce, the marital home falls within the scope of community property when spouses acquired the home during the marriage. Loans, credit cards, and utility payments are an essential part of the financial division in a divorce. The employee spouse will also have additional FICA taxes on the amount of the difference. App. What Are My Options for Splitting a 401(k) in a Divorce? Splitting a 401(k) or any other type of retirement asset in an Arizona divorce requires careful consideration and adherence to specific procedures. The law specifically stipulates this will include “prevention of acts of harm or cruelty” and “the provision of food. One of the more difficult items to divide in divorce is a stock option. This includes credit card debt, mortgage debt, student loan debt, and any other debts that were incurred during the marriage. The easiest way to accomplish this is for each person to honestly disclose all property owned before and acquired during the marriage, regardless of whether or not the spouse knew about it. The cost of filing for divorce in Arizona varies depending on the complexity of the case and other factors. These few techniques are the most basic courses for spouses to divide a business in a divorce. If you are going through a divorce or legal separation in Arizona it is important for you to familiarize yourself with the laws that apply to the division of community property and how separate property is defined and treated in Arizona. how are retirement accounts divided in an arizona divorce; filing a lis pendens in a divorce in arizona; fair compensation defense in an arizona divorce; enforce a property settlement agreement in arizona; do rules regarding property apply to debts in arizona; division of debt in an arizona divorce; dividing property not included in a divorce. Paul L. Bell-Kilbourn made a decision regarding the effect of a Disclaimer Deed in a divorce in Arizona. Our Arizona community property and family law attorneys have over 100 years of combined experience successfully representing clients in community. Located in Marietta, we offer experienced and compassionate legal guidance for families throughout Metro Atlanta and across Cobb, Cherokee, Paulding, Bartow, DeKalb, Douglas, Fulton, Gwinnett, and Clayton counties. In Colorado, unvested restricted stock awarded during the marriage that carries both associated dividend and voting rights will generally be considered marital property to be divided in the divorce. The instructions and forms are broken down into 4 different packets: Step 1 - Introduction and first court papers. The property is divided equally regardless of other factors of the separation. Residential lease; Property deed transfer; See all personal services. Judy and Norman Flower married in. Rio Salado Pkwy. In such cases, the property may be considered community property. In some cases, it is clear that only one of the spouses can continue to operate the business. Separate property and debt are not divided. A property settlement agreement becomes a legally binding part of the final judgment when your marriage is officially dissolved. Many parents head into their divorce proceedings without a solid understanding of the differences between full custody and sole custody. As a legal document, the property settlement agreement will be used as a contract. If you have a question about divorce in Arizona, please call to speak to one of our experienced Arizona divorce attorneys at (480)305-8300. S. Call For Consultation (480)305-8300. read more. The Arizona Court of Appeals in the case of Bell-Kilbourn vs. Arizona is a community property state, meaning that all property, assets, and debts acquired during the marriage are generally divided equally between the spouses in a divorce. Czarnecki retired from the military that same year and received retirement benefits. Example: Susan and Steve have two significant assets: $100,000 equity in their home ($50,000 each) and the value of their business - $350,000 ($175,000 each). Property Equalization Payment for a Business and Other Property. The first is the “present cash value method”. In order to be eligible to divorce in Arizona, you or your spouse must have lived in the state for a minimum of 90 days prior to filing court forms to dissolve your. In the majority of cases, a fair division will be an equal (50/50) division. A judge, therefore, must make a division of. . While the house is considered the wife’s separate property because she purchased it before the marriage, the $210,000 represents the community lien on the property.