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Community Property, Separate Property and Estate Planning

Posted by Nina Whitehurst | Oct 19, 2019 | 0 Comments

If you are married, a good estate planning attorney will ask you during the information gathering process whether you have ever lived in a community property state. This is because community property retains its character as such when a couple moves to a state with different marital property laws. Your estate planning attorney needs to know this because it can have an impact on what is included in your estate when you die and to what extent the property received a step up in basis when you die.

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