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IN RE MARRIAGE OF VALLI

No. S193990.

58 Cal.4th 1396 (2014)

171 Cal. Rptr. 3d 454

324 P.3d 274

In re the Marriage of FRANKIE and RANDY VALLI. FRANKIE VALLI, Respondent, v. RANDY VALLI, Appellant.

Supreme Court of California.

May 15, 2014.

Attorney(s) appearing for the Case

Jaffe and Clemens, Williams S. Ryden and Nancy Braden-Parker for Appellant.

Garrett C. Dailey ; Walzer & Melcher, Peter Walzer and Christopher C. Melcher for Respondent.

Charlotte K. Goldberg and Herma Hill Kay as Amici Curiae on behalf of Respondent.

Grace Ganz Blumberg and Herma Hill Kay as Amici Curiae on behalf of Respondent.

Sideman & Bancroft and Diana E. Richmond for Northern California Chapter of the American Academy of Matrimonial Lawyers and the Association of Certified Family Law Specialists as Amici Curiae on behalf of Respondent.

Law Office of Kim W. Cheatum and Kim W. Cheatum as Amici Curiae on behalf of Respondent.

OPINION

KENNARD, J.* —

During a marriage the husband used community property funds to purchase an insurance policy on his life, naming his wife as the policy's only owner and beneficiary. Upon dissolution of the marriage, is the life insurance policy community property or the wife's separate property? We conclude that, unless the statutory transmutation requirements...

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