California is a community property state. Community property plays an important part in property distribution in a legal separation or marital dissolution; the law overseeing community property can be complicated. Community property normally comprises of the assets and debts obtained by spouses throughout the marriage without regards to the income...
Commingling
Commingling is a term used for when a person's separate property, such as a personal inheritance, is placed in the same account or used to buy something as the community property such as earnings from the marriage or domestic partnership. For example, a common occurrence is when one person uses money from the sale...
Why Should I Get a Living Trust?
Many people often wonder why they should get a trust? Here are some valuable things to consider when making this important decision. How much will a Living Trust cost as opposed to Probate? How soon do I want this matter dealt with? Do you want the disclosure of what you...