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In the summer of 2001 a law went into effect in California that provided for a new way for married couples to hold title to their home. "Community Property with Right of Survivorship" combines the tax advantages of "Community Property" with the probate-avoidance features of "Joint Tenancy." This manner of holding title is likely to be the best for many. Fortunately, it is fairly simple to make the change with the County Recorder. It is even easier in conjunction with a re-finance. See the articles below for details. Nolo Law for All Probate Solutions H.E.L.P. Weiss & Weissman, S.F. "My goal in professional practice and with this website is to provide my clients, Buyers, Sellers, and Homeowners, with the most extensive possible access to useful information and resources. While I believe the information I post to be accurate, time passes and things change. I strongly advise that you verify the currency all information with appropriate specialists prior to acting upon it. This is especially important where there could be tax or legal consequences. Additionally, I always appreciate feedback about anything you find on my website." |