You work in a small law firm. Your office personnel consist of two attorneys, one paralegal, and
Question:
You work in a small law firm. Your office personnel consist of two attorneys, one paralegal, and a receptionist. Your small firm handles family law matters. Last week a woman was referred to
the office by a friend
The woman found out her husband has been philandering and she wants to get a divorce.
She does not know if her husband will contest the divorce. Her name is Angelina Jolie.
The date of separation from her husband, Brad Pitt was February 5, 2019. She is not opposed to having joint legal custody of their children, however she requests that she have sole physical custody and she is prepared to be fair with visitations between her husband Brad Pitt and the children.
Angelina Jolie was born on December 25, 1980 in Southern California (SSN 626-34-8761,
CDI N24456732). She has stated that she would prefer to keep her last name, Pitt, because of
her children. She met her husband Brad Pitt while attending Georgetown University in Washington, D.C. They dated in college then lost touch. A few years later, they were both working for the
same movie studio and were cast in the same movie. The couple rekindled their relationship
and were wed on April 15, 2001
Brad Pitt was born May 23, 1979 in Northern California (SSN 464-28-3987, CDL A29765931).
Since he moved out of the family residence he has been living at a small hotel,
The Eagle's Nest Inn, 4680 La Crescenta Avenue, Room #8, La Crescenta, CA 91212, (818) 221-5331.
THE CHILDREN:
Angelina and Brad have a total of three children their full names, date of birth and Social Security Numbers are as follows:
Shiloh Pitt 4/10/07 - 10 years old Maddox Pitt 7/5/05 - 12 years old Zahara Pitt 8/15/14 - 3 years old
REAL PROPERTY:
SSN 862-34-2981 F SSN 399-23-4386 M
SSN 234-56-8910 F
In 2004, Angelina lost her Grandfather and received a substantial inheritance of $155,000 in the form of an insurance policy, which was added to their savings of $50,000 and used to purchase the family home located at 560 Glenwood Drive, Glendale, Ca. 91204. Purchase price was $375,000. They financed the remaining $170,000 over 30 years through Hoover Home Funding.
They currently owe $78,234. Loan #R2867545. The current value of the property is $1.2 million.
The Legal Description for the family residence is as follows:
Lot 21 of Tract 3020 in the City of Glendale, County of Los Angeles, State of California, as per Map recorded in Book 3281 Pages 65-67 of Maps in the Office of the County Recorder of said County, commonly known as: 560 Glenwood Drive, Glendale, CA 91204
(Note, Angelina has been and is still living in the family residence with all 3 of her children all of who attend The Marborough School. A private school two blocks from their home.)
Beach House
Angelina's mom passed away in 1996, leaving her the family beach house in Newport Beach. It is a Duplex on the boardwalk in Newport Beach near the pier. Angelina rents out one of the units to a couple of UC Irvine kids from Sept. thru June @$1200/month. During the summer, she keeps it available for visiting family and friends, as well as for her own kids to use. The duplex was recently appraised at $2.5 million dollars. There is no mortgage on the home.
The Legal Description for the Beach house is as follows: Duplex (one 2-BR and one 3-BR) Lot 69, Block G, Tract 338, in the City of Newport Beach, County of Orange, State of California as per
map recorded in Book 1, pages 42-47 of Maps in the Office of the County Recorder of said County. It is commonly known as: 102 and 103 - 32nd Street, Newport Beach, Ca. 92663.
There is no more Real Property belonging to the parties.
PERSONAL PROPERTY:
Cane Collection insured for $60,000 willed to Angelina from her paternal grandad.
2 Yamagata signed lithos (The Heist and County Fair) given as gifts to Angeline insured for $25,000 each
Home furnishings at Beach House: Valued at $4,000
Home furnishings and furniture at Glendale family house valued at about 20,000 @ 50% =$10,000 Misc. jewelry given as gift to husband totaling $ 4,500
Set of 24 place settings in Noritake China. Wedding Gift from Angelina's dad. Insured for $18,000
m
Misc. Jewelry given to wife as gifts totaling $ 10,000
Coin Collection insured at $200,000 (Brad Pitt collected and purchased during career as Eagle Scout.)
VEHICLES:
'15 Mercedes C-Class Blk CL: FRIDAS1 current value: $ 25,000 '17 Cad El Dorado Burg CL: FRIDAS2 current value: $ 36,000 '19 Jaguar XJ Teal CL: SRACER current value: $ 60,000
STOCKS:
Facebook, 100 shares valued at $200/share
Disney 1000 shares valued at $100/share
Norwegian Cruise Lines Stock Purchase 1,000 shares valued at $16/share
BANK ACCOUNTS:
Jefferson Mutual Acct # SI-423-192020 Savings Acct with $50,000 in both names Jefferson Mutual Acct # CI-421-192449; Checking acct with $2,000 in both names Motion Picture Credit Union #1647-310-74512; Checking $2,500 in husband's name Motion Picture Credit Union #1647-310-74708; Checking $2,200 in wife's name
The Case Number in this matter is: NED DIV 056782
how would you prepare fl110 with the information and document given?
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding