In its essence, community property law recognizes the equal contribution of both parties to a marriage even though one or the other may earn more income. Having been on both sides of this idea for more than a few decades, I do endorse its fairness. This is especially so … [Read more...] about Community Property Basics
Banking and Finance Law
Various types of bank accounts held in the name of a single individual or entity have the virtue of simplicity, and the added bonus that the accountholder does not have to wait to make decisions until after a consensus has been reached with others. But sometimes other … [Read more...] about Careful Whom You Add to Accounts
On January 1 of this year the California Homeowners Bill of Rights went into effect. The Homeowners Bill of Rights makes the foreclosure process in CA more fair and transparent then it has been since at least 2008. The purpose of this law is to provide protections of … [Read more...] about California’s Homeowners Bill of Rights
You won't find many financial advisors who vigorously advocate dipping into the money in your 401(k) retirement account while you're still working. It is for retirement, after all. Still, using some of what could be a sizeable amount of money sitting in the account for current … [Read more...] about 401(k) Loans and Hardship Withdrawals
We do get asked these types of questions and with my hat being that of a lawyer I will defer any of you interested in an answer to this question to a gentleman I deem to be one of the most reliable financial commentators i know of for an answer: Jim Rogers is a hugely … [Read more...] about Hey Ron, Any sensible investment strategy for this economy?
In theory, we are all in favor of saving time, labor, and space, not to mention avoiding the stress and anxiety that can come from leading complicated and disorganized lives. In the realm of personal finance, these are all good reasons to resolve to become more simplified and … [Read more...] about Financially Speaking, Keep it Simple