Legal Question in Family Law in California
Do I have to report a trust from my parents to me if I am getting divorce?
Asked on 9/12/23, 2:43 pm
2 Answers from Attorneys
PATRICK MCCRARY
PATRICK MCCRARY
The trust is your seperate property and therefore not divided with the community estate. However, you are mandated to report that on your Schedule of Assets and Debts, as you are required to report all assets, whether community or seperate.
Answered on 9/12/23, 2:56 pm
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