Property division in a divorce depends on whether the state follows community property or common law rules. In community property states, most assets acquired during the marriage belong equally to ...
A divorce requires separating the assets that the couple acquired while married. Especially if spouses do not have a prenuptial agreement, they may need to navigate rules surrounding community ...
Under Washington law, all property acquired by either spouse during their marriage is presumed to be community property. Property owned by a spouse prior to marriage or acquired during marriage by ...
LAKE CHARLES, La. (KPLC) - Submit your questions to news@kplctv.com. Civil matters only, please. QUESTION: I bought a Mobile home and land. I put both in mine and my wife’s names. We divorced one year ...
Dear Liz: You’ve mentioned that in community property states, a couple’s primary residence gets a full step-up in tax basis when one spouse dies. Does this require that the title to the property ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. You may have heard the term “community property,” but ...
Jack Bux and his high school sweetheart, Diane, have been married a few years, but the pandemic has taken its toll on their relationship, and they could soon be parting ways. Going into the marriage, ...
Arizona is a community property state and community property law controls the division of all assets of your marital estate. Community property law sets forth a presumption that all real and personal ...
A well-known business columnist wrote a column tackling the subject of couples and credit. She addressed the issue of one spouse making the other an authorized user on their credit card and opined ...
These states require equal distribution of assets acquired during a marriage Reviewed by Pamela Rodriguez Fact checked by Vikki Velasquez Community property means spouses who acquire property during ...