Estate Planning – Community Property States

Some of the estate planning strategies in this website depend on the ownership of assets. Alaska, Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin have community property systems. (Alaska’s is elective.) Under such a system, each spouse usually has a one-half interest in property acquired during marriage. If you live in a community property state, bear this in mind as you read over the different sections on estate planning as to how the information relates to your situation.

Estate Planning – Related Articles

Estate Planning Basics

Life Insurance for Estate Planning

Estate Planning – Transferring Property  at Death – Wills and Living Trusts

Financial Planning for Parents of Special Needs Children

Understanding Second to Die Life Insurance

(Technical assistance for the information contained in this article was provided by The Law Offices of Afshin A. Asher, with offices in Los Angeles, California.)