Additionally, Community Property Agreements can
Is a Community Property Agreement Right for You? Safeguarding Property and Legacy
provide clarity during the probate process upon death, simplifying what can be a stressful and complicated experience for those mourning the loss of a loved one.
THE RISKS OF INCLUDING A COMMUNITY PROPERTY AGREEMENT IN YOUR ESTATE PLAN Community Property Agreements can offer benefits but create challenges, especially in divorce. They impact how assets are divided and may carry tax consequences. While community property often gets a full step-up in basis at death, converted property may only receive a partial step-up, potentially leading to higher capital gains taxes later. MAKING THE RIGHT CHOICES TO PROTECT YOUR ESTATE Decisions about community property agreements should be made with a full understanding of how they affect your estate plan and potential tax obligations. Couples who sign these agreements without reviewing their estate planning documents may unintentionally create gaps or leave assets vulnerable. Coordinating these documents ensures your wishes are fulfilled and avoids surprises for surviving spouses or children. Dahl Law Group helps California families align estate plans with marital agreements to safeguard property and legacy. Contact our team today to ensure your estate and assets are in the right hands.
For married couples in California, property classification shapes every estate plan. A Community Property Agreement decides whether assets are shared or separate, directly affecting what happens in divorce or after death. Before signing, understand how it could impact your estate plan and long-term financial security. WHAT IS A COMMUNITY PROPERTY AGREEMENT? Community Property Agreements let married couples in states like California adjust asset classification. By default, most property gained during marriage is community property, equally owned by both spouses. These agreements can confirm certain assets as separate or convert separate property into community property, but they don’t override prenuptial or postnuptial contracts. HOW A COMMUNITY PROPERTY AGREEMENT SUPPORTS YOUR ESTATE PLAN Community Property Agreements can override certain default rules for dividing assets. From an estate planning perspective, this can be useful for couples who want more control over how their property is taxed and distributed and how their assets are protected. For example, someone with children from a prior relationship may want their separate property to pass to those children rather than to a surviving spouse.
Baked Pineapple Salmon Ingredients • 1 can pineapple slices, drained, reserving 1/4 cup of juice • 2 1/2 lb side of salmon • Salt and pepper, to taste • 1/2 cup sweet chili sauce • 1/4 cup unsalted butter, melted
SUDOKU
• 4 tbsp hoisin sauce • 3 garlic cloves, minced • 2 tbsp fresh lemon juice • 2 tbsp fresh cilantro, chopped • Lime slices
Directions 1. Preheat oven to 375 F.
2. Line a baking sheet with aluminum foil. 3. Place pineapple slices on baking sheet. 4. Season both sides of the salmon with salt and pepper and lay over pineapple. 5. In a small bowl, whisk together chili sauce, melted butter, hoisin sauce, garlic cloves, lemon, and pineapple juice. Pour over salmon.
6. Bake for 15 minutes or until cooked through. 7. Garnish with cilantro and serve with lime slices.
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