How can you tell What Property is Community Property and Which is Separate Property?

<p>Property each spouse has before the marriage remains their own, while property obtained during marriage is <a href="division-of-property.html">community property</a> owned by both.&nbsp; For most young couples who marry before they have wealth, everything they have upon <a href="divorce.html">divorce </a>will be community property since everything was acquired by them during the marriage. &nbsp;</p><p>Older people who marry or second or third marriages, in contrast, may bring significant separate property into the marriage.&nbsp; This property remains separate property except where a transmutation occurs.&nbsp; Transmutations occur for a number of reasons, most commonly estate planning and tax planning.&nbsp; For a transmutation to be effective it must explicitly change the separate property to community property.&nbsp; Where there is ambiguity, the court will usually be conservative and not find a transmutation.&nbsp; Because of the high stakes, all of these issues require an experienced, knowledgeable attorneys who can help you make the best decisions.&nbsp; Contact Sagaria Law today to schedule a consultation to learn more.<br></p>