Legal Question in Family Law in California
community property or individual ownership
As a married person, can I start an LLC or S-corp and own shares in the new entity as an individual. Is there any way to own a part in the new company as my sole and separate property?
Asked on 10/15/07, 2:15 pm
1 Answer from Attorneys
OCEAN BEACH ASSOCIATES
OCEAN BEACH ASSOCIATES
Re: community property or individual ownership
Yes. It is standard when I form such entities. Have an attorney draft a waiver of community property rights for your spouse to sign. Contact me directly.
Answered on 10/15/07, 4:33 pm
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