A divorce requires separating the assets that the couple acquired while married. Especially if spouses do not have a prenuptial agreement, they may need to navigate rules surrounding community ...
If you live in a community property state, you may need to make certain adjustments to your tax return to satisfy this special ownership requirement. Community property is a type of joint ownership ...
Under Washington law, all property acquired by either spouse during their marriage is presumed to be community property. Property owned by a spouse prior to marriage or acquired during marriage by ...
Property division in a divorce depends on whether the state follows community property or common law rules. In community property states, most assets acquired during the marriage belong equally to ...
A deed of trust beneficiary usually feels pretty confident with the validity of the deed as long as it is signed by an owner of the property. But when the property constitutes community property of a ...
Texas has a little-known estate planning technique available to spouses – the Community Property Survivorship Agreement. Here is how it works: Both spouses sign a written agreement that all or part of ...
Dear Liz: You’ve mentioned that in community property states, a couple’s primary residence gets a full step-up in tax basis when one spouse dies. Does this require that the title to the property ...
Question: My husband and I are filing for divorce in 2025. My attorney told me that we can file “Married Filing Separately” or “Married Filing Jointly” for 2024. Can you please give me the basics ...