IS THE TRANSFER OF CASH OR CHECKS TO ONE’S SPOUSE A GIFT OF A “TANGIBLE ARTICLE OF A PERSONAL NATURE” THAT DOES NOT REQUIRE AN EXPRESS DECLARATION TO EFFECT A TRANSMUTATION?

Stephen Temko, CFLS, Dennis Temko, Esq.

The answer to this question must be a “no.” Family Code section 2640, subdivision (c) provides, “A party shall be reimbursed for the party’s...

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IS THE TRANSFER OF CASH OR CHECKS TO ONE’S SPOUSE A GIFT OF A “TANGIBLE ARTICLE OF A PERSONAL NATURE” THAT DOES NOT REQUIRE AN EXPRESS DECLARATION TO EFFECT A TRANSMUTATION?

Join ACFLS Today!