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Community Property Question
Has the wife done anything that would be considered a transmutation of the house from her separate property inheritance to a community property asset, such as transferring title to be in their names? If so, that could change the characterization of the asset.
Desiree Causey
>
> PC husband has been married 20 years. Wife inherits a home free and clear. H & W have lived in home for 8 months now. Both pay the upkeep and property taxes. PC husband wants to file a ch. 7 bk. What, if any, is his interest in the home?
> Thanks,
> Tyson Takeuchi
>
The post was migrated from Yahoo.
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Patrick is correct, but you should probably have client get an opinion from
a family law atty.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal
Specialization.
Patrick Green
Sent: Thursday, March 24, 2011 2:28 PM
To: cdcbaa@yahoogroups.com
Subject: RE: [cdcbaa] Community Property Question
Payment of property tax, maintenance and insurance from community property
funds does not create a community property interest in separate property
under Moore Marsden formulae.
If you have any questions or concerns, please contact me.
Pat
Patrick T. Green, Esq.
Fitzgerald & Green
Attorneys at Law
1010 E. Union Street
Suite 206
Pasadena, CA 91106
Tel: 626-449-8433
Fax: 626-449-0565
pat@fitzgreenlaw.com
The post was migrated from Yahoo.
Payment of property tax, maintenance and insurance from community property
funds does not create a community property interest in separate property
under Moore Marsden formulae.
If you have any questions or concerns, please contact me.
Pat
Patrick T. Green, Esq.
Fitzgerald & Green
Attorneys at Law
1010 E. Union Street
Suite 206
Pasadena, CA 91106
Tel: 626-449-8433
Fax: 626-449-0565
pat@fitzgreenlaw.com
The post was migrated from Yahoo.
PC husband has been married 20 years. Wife inherits a home free and clear. H & W have lived in home for 8 months now. Both pay the upkeep and property taxes. PC husband wants to file a ch. 7 bk. What, if any, is his interest in the home?
Thanks,
Tyson Takeuchi
The post was migrated from Yahoo.