Legal Question in Wills and Trusts in California

Monies earned while married are considered community property for estate planning purposes as well as debts so a 401k contributed to after marriage is community property and the debts of one spouse incurred during a marriage can be similarly characterized as community property debts. Nevertheless, there are ways to shield monies such as separate property inheritance from one spouse's family through irrevocable trusts, pre and post nup agreements and other means. In addition, your husband can set up his business so as to protect individual assets from business debts. There are steps you can take to legally plan and manage your assets and potential liabilities. We can help if you want to discuss further.