There is almost no âdownsideâ to quickly filing a claim, whether youâve been in a car accident, have suffered damage to your home, or have had some other mishap. That said, as we stated above, most insurance policies do not put a specific time limit on how long you may take after an incident before you file your claim.
Community Property in California. California is a community property state whereby it is presumed that each spouse has an undivided one-half interest in any property acquired during the marriage while domiciled in California (California Family Code Â§ 760).
Community Property. In a community property state only Â½ of the community property is included in the decedent spouseâs estate. However, the entire community property asset gets a step-up (or down) to FMV at the date of death.Community property rules only apply to a husband and wife legally married under state law.n a non-community property state all of a decedentâs separately owned property receives a full step-up (or down) in basis as of the date of death regardless of who the beneficiary is.