Two Homes Texas And Calif What Community Property Law Apply Calif Or Texas. Husband Lived In Calif. Wife Died In Texas

[choviohoya]

25 Nov 2007 ... The people must come to understand that one of their fundamental There was a time in our country when our money was our property. It was more than just a medium of exchange or an economic instrument; it was, in a very real sense, property. When a man labored he received compensation in value equal to his work, his produce or his creativity; the money he earned was his property, just as anything else he owned. He could be assured that his money was a store of real value, he could spend it as he pleased, he could store in a bank, stuff it in his mattress or bury it in a mason jar in his back yard and it was no ones business but his own. He could be confident in the value of his money, that he could dig that Mason jar from the ground years later and still have money that kept an equivalent value as when he buried it, it was real money, sound money and it was his private property. He could be assured that his government could not confiscate it, track it or regulate it once it was in his hands; it was real property, his property. He need not worry about whether he carried a suitcase full of it from city to city, state to state or country to country because it was, without any equivocation, his property to do with what he wanted. Sources: 1776solution.blogspot.com newuser58718012 52 months ago Please sign in to give a compliment. Please verify your account to give a compliment. Please sign in to send a message. Please verify your account to send a message.

[Fyfe]

There was a time in our country when our money was our property. It was more than just a medium of exchange or an economic instrument; it was, in a very real sense, property. When a man labored he received compensation in value equal to his work, his produce or his creativity; the money he earned was his property, just as anything else he owned. He could be assured that his money was a store of real value, he could spend it as he pleased, he could store in a bank, stuff it in his mattress or bury it in a mason jar in his back yard and it was no ones business but his own. He could be confident in the value of his money, that he could dig that Mason jar from the ground years later and still have money that kept an equivalent value as when he buried it, it was real money, sound money and it was his private property. He could be assured that his government could not confiscate it, track it or regulate it once it was in his hands; it was real property, his property. He need not worry about whether he carried a suitcase full of it from city to city, state to state or country to country because it was, without any equivocation, his property to do with what he wanted.

[Rourke]

Community property becomes an issue during a divorce as to who gets what. Essentially, a spouse is entitled to half their net worth.Unless inheritances are co-mingled they are not included.Since the spouse is deceased. Everything is yours. This included debts jointly incurred.Sometimes children may be entitled to a portion of the estate.You've listed a couple of states with a lot of laws. It is best to check with an probate attorney.Were you legally separated? If so, the separation agreement would carry a lot of weight. Also, your wife's will may have a lot of weight behind it.Way to many variables to answer here.There are some attorneys, wealth planners, accountants that can provide more insight if they pick up on this question. But I've given you some thing to think about.Good Luck.

[Chadd]

Schelli said: 2 what's the question? 52 months ago

[Pavitra]

Learn also from this post.How is Property Divided in Community Property States?By Cathy MeyerAnswer: There are two legal theories that govern how marital property is divided: Community Property or Equitable distribution. Most states use equitable distribution when deciding the division of property during divorce. Only nine states have community property laws, they include:Arizona Californa Idaho Louisiana Nevada New Mexico Texas Washington WisconsinCommunity Property: In community property states, all property the couple acquires during the marriage is divided equally. Issues such as financial need, ability to earn income or fault are not taken into account when dividing property during a divorce settlement.Nevertheless, not all property is considered marital property and the definition of marital property can vary from state to state. Normally, marital property includes any property acquired by either spouse during the marriage. Property acquired by either spouse before the marriage is usually not considered marital property.Read on to learn more...

[Siegfried]

what's the question?

[joachim]

I am not well-informed about this topic so I suggest you talk to your lawyer. Learn also from this post.How is Property Divided in Community Property States?By Cathy MeyerAnswer: There are two legal theories that govern how marital property is divided: Community Property or Equitable distribution. Most states use equitable distribution when deciding the division of property during divorce. Only nine states have community property laws, they include:Arizona Californa Idaho Louisiana Nevada New Mexico Texas Washington WisconsinCommunity Property: In community property states, all property the couple acquires during the marriage is divided equally. Issues such as financial need, ability to earn income or fault are not taken into account when dividing property during a divorce settlement.Nevertheless, not all property is considered marital property and the definition of marital property can vary from state to state. Normally, marital property includes any property acquired by either spouse during the marriage. Property acquired by either spouse before the marriage is usually not considered marital property.Read on to learn more... Sources: http://divorcesupport.about.com/od/propertydistribution/f/comm_property.htm carlosdanilo 52 months ago Please sign in to give a compliment. Please verify your account to give a compliment. Please sign in to send a message. Please verify your account to send a message.

[Burty]

Pales said: 3 Community property becomes an issue during a divorce as to who gets what. Essentially, a spouse is entitled to half their net worth.Unless inheritances are co-mingled they are not included.Since the spouse is deceased. Everything is yours. This included debts jointly incurred.Sometimes children may be entitled to a portion of the estate.You've listed a couple of states with a lot of laws. It is best to check with an probate attorney.Were you legally separated? If so, the separation agreement would carry a lot of weight. Also, your wife's will may have a lot of weight behind it.Way to many variables to answer here.There are some attorneys, wealth planners, accountants that can provide more insight if they pick up on this question. But I've given you some thing to think about.Good Luck. 52 months ago

[Quinnell]

A friend got a divorce in texas and said she lost everything because the husband is the owner of the manor. I would assume if she's correct and your wife died in texas, and you're a male, you just clean up what she thought she owned.

[Crist]

Max20characters said: 1 A friend got a divorce in texas and said she lost everything because the husband is the owner of the manor. I would assume if she's correct and your wife died in texas, and you're a male, you just clean up what she thought she owned. 52 months ago