Transmutation and Waivers in California: How to Avoid Pitfalls and Ensure Compliance When Changing Property Ownership Between Spouses

What is a Transmutation? A “transmutation” is a postmarital transaction between spouses by which the character of real or personal property is changed or converted in one of the following three ways: separate property into community property, community property into separate property, or the separate property of one spouse into the separate property of the […]