Category: Community Property

Estate planning ensures that: Final property wishes are honored Health care issues are clarified and honored Loved ones are provided for in your absence Estate planning resolves these (and other) legal questions when someone dies: State of their financial affairs Who gets what? Guardianship of minor children How much tax will need to be paid to transfer property Appropriate funeral arrangements What An Estate Planning Attorney Does For You We will help you plan your estate. At the Law Offices of Lowell Steiger, we can advise you and then prepare, your legal documents: Wills Trusts Powers of Attorney Domestic Partnership… Read More

Community Property laws vary from state to state. Does Community Property Law apply in your state? Well, here’s the list: California* Idaho Louisiana Nevada New Mexico Texas Washington Wisconsin So, what then is Community Property? Simply defined, “Community Property” is all real and personal property, wherever situated, that has been acquired during marriage by a married person while domiciled in California* unless the property was his or her separate property. Wait! The word “unless” is in that definition. Yes, the “unless” part is very important when dividing property upon the dissolution of marriage. What, then, is “separate property?” “Separate property” is all property… Read More