Community Property States
Community property is a means of defining the ownership of property acquired during marriage under which all income earned during marriage and all property acquired with that income be considered the property of the community rather than the property of the individual spouses.
The Community Property states are:
- Arizona
- California
- Idaho
- Louisiana
- Nevada
- New Mexico
- Texas
- Washington
- Wisconsin
Alaska is an opt-in community property state; property is separate property unless both parties agree to make it community property through a community property agreement or a community property trust.
Related Posts:
What Is a Deficiency Judgement in a Foreclosure | Debt After Foreclosure Foreclosure Law | Foreclosure Help | Stop Foreclosure What Happens After Foreclosure Alaska Corporation - Incorporate in Alaska - Alaska Incorporation What Is Property?
Note This:
Note This: