“Why is divorce so expensive? Because it’s worth it.” It is a sad truth that when community property is divided and salaries suddenly have to support two households instead of one, no one comes out ahead. No one knows this better than a divorce attorney in California who sees no-longer-happy couples struggle with this every single day.
California does not have estate or inheritance taxes, but this doesn’t mean that handling an estate is smooth sailing. The estate and executor (personal representative) still have quite a few obligations. Read on for an overview of inheritance law in California.