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Showing posts with the label Estate Planning Attorney Hayward

Community Property - Tavare Law Group

There was a recent story about a California man who was a high-level Silicon Valley executive. He met his sixth wife when he went to a bar where she worked as a waitress. They married. The honeymoon was short-lived. They battled for a while. The man passed away and left his $100 million to each his son and his daughter. For his wife, he left a measly $20. Unlike other states, California estate planning laws does not have an elective share wherein a spouse is entitled to elect a share of the estate regardless of what it says in the will. This is because California is a community property state, which means that all property acquired during the marriage gets split automatically, 50/50, to each spouse. For estate planning attorney Hayward CA , contact the law firm of  Melanie Tavare,  a Hayward Bay Area Estate Planning Firm. Read More - https://www.estate-planning-lawyer.com/community-property/