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Special Warranty Timeshare Deed from Husband and Wife Two Individuals to an Individual Arizona Form

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Special Warranty Timeshare Deed from Husband and Wife Two Individuals to an Individual Arizona Form

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hi I'm the Keat law girl Katie levit Arizona LLC Attorney Richard Keat gets asked lots of questions about forming and operating Arizona llc's this video will answer the question is property acquired during an Arizona divorce community property or separate property now here's the issue an Arizona resident in the process of getting divorced wants to form an Arizona limited liability company if he forms an Arizona LLC before his divorce is final well his spouse own a community property interest in the new LLC and here's the answer it depends Arizona law defines community property as all property acquired by either spouse during the marriage there are two exceptions to this rule first community property does not include property acquired during the marriage by gift or inheritance second community property does not include property acquired after service of a petition for divorce legal separation or an nment if the petition results in a decree of divorce lega

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