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 ...

Question: My husband and I are filing for divorce in 2025. My attorney told me that we can file “Married Filing Separately” or “Married Filing Jointly” for 2024. Can you please give me the basics ...

Louisiana is a community property state, wherein spouses are considered joint owners of nearly all assets and debts acquired in marriage. In the event of a divorce, assets acquired during the marriage ...

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 ...

Most family law practitioners are familiar with property division in their own states, but confusion ensues when a couple moves from one jurisdiction to another, from a community property state to an ...

Community property law applies in determining whether property and the income it produces is community property or separate property if (1) in the case of income from ...

In some cases, knowing the state’s law and understanding your partner’s financial habits can be equally important for your financial health. Depending on where you live, married couples are liable for ...

Unknown to many Floridians, Florida enacted the Community Property Trust Act which went into effect on July 1, 2021, and established the ability to convert non-community property into community ...

MP McQueen is a veteran journalist who has covered national and metro news, and has written and edited articles for legal and financial publications. Erika Rasure is globally-recognized as a leading ...