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 ...
In recent years, I have seen more couples enter marriage with “separate property”—or assets acquired individually, by gift or by inheritance before their legal union. Separate property can include a ...
Michael J. Jones, Thompson Jones LLP, Monterey, Calif. Community property (CP), a 50-50 form of marital property ownership, is the law in nine states and is available by election in one. 1 About 30 ...
The division of home equity during divorce typically depends on various factors, including any pre- or postnuptial agreements, state laws and the couple’s specific circumstances. In community property ...
When it comes to sharing property with another person, there are a few different forms of legal ownership to choose from. Of these, two common shared estate ownership options include joint tenancy and ...