Category: Estate Planning
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How in-marriage QDROs safeguard your financial future
In-marriage Qualified Domestic Relations Orders may not be common dinner table conversations, but understanding their benefits can affect your financial future. These financial tools protect both spouses during marriage or after a divorce by offering streamlined processes. Ensuring fair division of retirement assets One benefit of an in-marriage QDRO is ensuring a fair division of…
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California Residents are you ready for Prop 19?
History: Prior to the passage of Prop. 19, when a parent transferred ownership of a principal residence to a child, the property’s value for tax assessment purposes was not reassessed. A parent was able to transfer without triggering reassessment, whether the child or children use the home as a vacation home, a rental property or…