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What is a community property agreement in California?

A Community Property Agreement is a contract that a married couple in a community property state sign as a couple that specifies how they want their property to be classified. Classification may be as community property or separate property, or a mix of the two.

Is inheritance community property in Washington state?

Under Washingtons community property laws, inheritance can be divided in divorce through commingling. This happens in several ways, including: Inheriting a large sum of money and depositing it into a joint account. Using inheritance money to pay community bills, like a mortgage or car payment.

Does a community property agreement trump a will?

A community property agreement will trump a conflicting provision in a will, since it is a binding contract. States differ on whether a community property agreement can provide for a third party to inherit the community property when the second spouse dies.