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.

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In the news:

Shruti Gurudanti, Rose Law Group chair of corporate transactions, comments on recent changes to Families First Coronavirus Response Act

By U.S. Department of Labor WASHINGTON, DC – The U.S. Department of Labor’s Wage and Hour Division (WHD) today announced additional guidance to provide information to workers and employers about protections and relief offered by +
televëda partnership with Duet helps Glendale grandma raise grandkids

(Disclosure: Rose Law Group represents televëda.) By Emma Wolff | Independent Newsmedia Glendale resident Barbara Covey is one of more than 60,000 grandparents in Arizona who are responsible for raising their grandchildren. Across the U.S., +
[PODCAST] The Rose Report: President Biden’s Immigration Reform

On this episode, hosts Madelaine Braggs, Dan Gauthier and Olen Lenets interview Rose Law Group Immigration Department Chair Darius Amiri on what immigration reform will look like under the Biden Administration. We cover what’s new +

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: