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Why is community property important at death?
Clip: Season 2026 | 46sVideo has Closed Captions
Understanding community property is an important part of estate planning.
The classification of property can affect what someone may give away at death, how assets are inherited by a spouse or other beneficiaries, and potential capital-gains consequences.
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Sponsored Content is a local public television program presented by KSPS PBS
Sponsored Content
Why is community property important at death?
Clip: Season 2026 | 46sVideo has Closed Captions
The classification of property can affect what someone may give away at death, how assets are inherited by a spouse or other beneficiaries, and potential capital-gains consequences.
Problems playing video? | Closed Captioning Feedback
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Why is community property important at death?
Community property is not just relevant for divorce.
Among other things, it determines what you can give away at death, can impact how much capital gain your beneficiaries pay after you die, and how your spouse inherits at your death.
If you do not have an estate plan, Washington has a set of laws that will govern the disposition of your estate.
Community property is distributed differently than separate property under those laws.
Identifying and addressing community property and separate property in your estate plan is important to assure your intent for the transfer of those assets and to avoid misunderstandings.
For more information, visit watrust.com.
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