What is the name of your state (only U.S. law)?
I live in California and while married I inherited real property from my parents through their family trust. I created a new family trust in both my name and my wife’s name. This new trust included the real property I inherited.
Did I turn the property I inherited into community property to be divided during a divorce or would I still retain it as my own since it was an inheritance?
I live in California and while married I inherited real property from my parents through their family trust. I created a new family trust in both my name and my wife’s name. This new trust included the real property I inherited.
Did I turn the property I inherited into community property to be divided during a divorce or would I still retain it as my own since it was an inheritance?