Can community property be willed?
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Can community property be willed?
Community property includes all property that was purchased and earned during a marriage or domestic partnership, and all debt accrued during a marriage. As I stated previously, each spouse has the right to choose who inherits their 50% of community property assets. This can be specified in their Will or Trust.
Can I add my spouse to my mortgage without refinancing?
It also isn’t possible to add someone new to your mortgage without refinancing the loan as the bank will have to assess their income before they make them liable for the mortgage debt. It should be noted that a mortgage does not imply ownership over a property which is instead denoted by a land title.
When a spouse dies are you still married?
However, in the eyes of the law, your marriage ended when your spouse died. You won’t be able to mention your deceased spouse in your WillMaker will, but if you wish, you can leave a tribute to him or her in a separate letter or note to your loved ones.
