107. NEW COMMUNITY PROPERTY LAW

The State of California will allow property owners to hold title under a new community property law. The new law allows for community right of survivorship. This will allow married couples to have all the tax advantages of community property but avoid probate upon the death of either one with right of survivorship. Thus, this new manner of taking title blends the most favorable aspect of community property with joint tenancy.

Share with your friends...Email this to someoneShare on FacebookTweet about this on TwitterShare on Google+Pin on Pinterest

Speak Your Mind

*