Community Property

Arizona is a community property state, meaning all property acquired during marriage, except by gift or inheritance, is owned equally by each spouse. Community property has substantial effects on estate planning and asset protection. In addition to the general presumption about assets acquired during marriage, community property law states that all assets acquired on credit are acquired on community credit.

The inception of title rule holds that if an asset was community property or separate property when it was acquired, this will not change except by affirmative action of the owners. However, if the marital community contributes to an increase in the property’s value, it may be entitled to reimbursement or an equitable share of the enhanced value. It’s important to keep the effects of community property in mind when talking with your Rose Law Group pc estate planning attorney regarding your estate planning objectives.

On Our Team

In the news:

[nc_factory type=”news-list” style_cs=”rlg” post_type=”post” post_status=”publish” columns=”1″ posts_per_page=”3″ posts_per_column=”3″ orderby=”date” order=”DESC” filter_relation=”OR” meta_relation=”OR” image_ratio=”4-3″ title_tag=”h4″ title_cut=”false” show_date=”false” show_time=”false” show_taxonomy=”false” show_author=”false” show_format=”false” excerpt_length=”35″ pagination=”true” ajax=”true” load_more=”false” ticker_visible=”3″ ticker_direction=”up” marquee_direction=”left” filters=”category” filter_terms=”209″]
The must-see panel of Intersolar North America (if you could only see one) discussed the most pressing issue in distributed solar today: What’s happening with net metering – and where does the industry go from here?
By Frank Andorka and Christian Roselund | PV Magazine At 9 am on Tuesday morning, one of the most important issues in the industry was being debated in a conference room as part of the Intersolar North America trade show: net metering. Across the nation, net metering policies are changing. The largest solar market, California, has moved to a successor policy, while other states including Hawaii and Indiana have shut the policy down entirely. READ ON:

Select your global block.