California Community Property Law
Spouses and domestic partners must consider California Community Property law because these laws impose limitations on the transfer of marital property or domestic partnership property when making a distribution of assets in their estate plan. While many people associate “community property” with divorce or dissolution of a domestic partnership, community property also plays an important role in estate planning. What is community property in California? Community property is all property acquired by a California resident during marriage or the domestic partnership that is not the [...]