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 ...
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 ...
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 ...
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How to split home equity in a divorce
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 ...
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