Avoid Property Capital Gains Taxes with a Postnup Often when couples marry later in life, one or both of them own valuable real estate that they have either inherited or purchased prior to their marriage. They may want to limit or eliminate their capital gains tax on that property should their new spouse
A Prenup Can Help with Your Estate Planning California is a community property state, so all assets acquired during marriage, by either spouse, are community in nature. In the event of a spouse’s death, the couple’s community property must be divided equally. Neither spouse is permitted to dispose of more than one half
Silver Prenuptial Agreements for Later-in-Life Marriages If you are getting married in your 50s, 60s, 70s or beyond, you may want to seek the advice of a family law attorney and draw up a Silver prenuptial agreement. That’s because you probably own significant assets, such as a home, rental property or business, and
Refinancing Your Separate Property Home – Avoid These Pitfalls If you are married and own a separate property home in California, maintaining your sole right to your house can get complicated, especially if you decide to refinance it. That’s because the lender, before approving your mortgage, may consider both yours and your spouse’s incomes in
How to Retain Sole Ownership of Your Home After Marriage You are getting married, and you own a home that you purchased previous to your marriage. Like many individuals, you may want to keep your home “yours,” rather than financially share it with your spouse, so that you can more easily leave it to your
What is the effect of adding your spouse to your home’s title? You just got married, and you are thinking about adding your new spouse to the title of your home. After all, you have made a commitment to love and support this person for the rest of your life, and sharing your home with
If you are entering into a marriage and you already own significant assets, such as a home, rental property or business, it is always a good idea to work with an attorney to develop a prenuptial agreement. Clearly defining what each of you brings into the marriage upfront will not only serve to preserve your
Many clients ask me when is the best time to bring up a prenuptial agreement. My advice, “As soon as you become engaged.” Why? Because the moment that you decide to get married is when you and your spouse-to-be are incredibly excited about your relationship and probably the most open to discussing your finances. A
On behalf of Law Office of Christina Sherman on Friday, March 27, 2015. About the event: Want to know more about the legal aspects of your relationships, that is, family and estate planning law? Whether you have questions about prenups or postnups or just about how to talk to your sweetie about money, you can