Archive for August 2018

MARITAL PROPERTY: The Difference Between Joint Tenancy and Community Property

What is the most favorable title between spouses? Joint tenancy and community property have much in common but there are some notable differences.   Joint Tenancy Joint tenancy is a type of co-ownership where two or more people, oftentimes spouses, individually own an undivided whole of the property and together are regarded as a single…

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Why You Should Finalize Your Divorce in 2018

If you are going through the divorce process, timing may be an important factor for your pocketbook. New tax laws concerning divorce have been recently enacted. Read on to learn how these new laws could impact you. Alimony tax laws will undergo noteworthy changes on January 1, 2019. Under present codes, alimony is deductible for the…

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