Posts made in July, 2012

Community Property Primer

Posted by on Jul 19, 2012 in Uncategorized | 0 comments

Tom and Judy live in a four-bedroom house in Berkeley that they think of as belonging to both of them.  Tom bought the house 20 years ago and after he met and married Judy, he never thought to do anything different when the property tax bills kept coming in his name alone.  He simply paid those bills out of their joint checking account, the one they both deposited their paychecks into.   Well after Tom’s and Judy’s kids from previous marriages had long since gone off to college, Tom and Judy made their way to an attorney’s office to start planning their wills and trusts.  The attorney...

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