Legal Question in Family Law in California
California Community Property
In California is money received from a family estate considered community property? Our son may be gewtting into a divorce situation and he will receive money from his grandmothers estate.
Asked on 4/26/04, 5:18 pm
2 Answers from Attorneys
PATRICK MCCRARY
PATRICK MCCRARY
Re: California Community Property
Assets that are inherited are separate assets and not divided as community property. Good Luck, Pat McCrary
Answered on 4/26/04, 7:56 pm
Lyle Johnson
Bedi and Johnson Attorneys at Law
Re: California Community Property
He should keep these funds in a separate account to simplify the accounting at the time of the divorce. That way he can clearly show that these are the separate property funds.
Answered on 4/27/04, 2:03 am
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