Legal Question in Wills and Trusts in California
''Community Property''
Define Community Property in the State of California.
Asked on 11/22/02, 3:44 pm
1 Answer from Attorneys
Karla Shippey
Law Offices of Karla Shippey
Re: ''Community Property''
Community property in California is all property acquired by a husband and wife DURING THEIR MARRIAGE (with a few exceptions, such as the spouses can make an agreement NOT to hold any or some of their property as community; inherited property can be given to only one of them; and so forth). There is also "quasi-community property," where property that would have been separate is treated as community because the spouses have considered it and treated it as such. If you have specific property in mind, you should describe the ownership history and the characteristics of the property to an attorney for an accurate assessment.
Answered on 12/04/02, 5:54 pm