As part of their divorce settlement, Jack Osbourne will pay his ex-wife $1,000,000 for artwork Jack wants to keep. This is the way it is done in California.
Any property, including artwork, you and/or your husband purchase during marriage is generally considered community property. That means, your husband will need to buy your 50% of the asset.
Contact our office if you are contemplating or involved in divorce and are distributing the assets. Make sure you receive what you are entitled to like Jack's wife did.