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 ...
Think Advisor: 785 / How can community property law affect the federal income tax treatment of investment income?
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 ...
785 / How can community property law affect the federal income tax treatment of investment income?
New Orleans City Business: Guest Perspective: How to navigate divorce in community property states
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 ...
While California’s marital property system is often discussed in the context of divorce, the distinctions between community property and separate property are also relevant on the death of a married ...
JD Supra: A Primer on Community vs. Separate Property in Washington State
As a divorce lawyer in Washington State, it is common for new clients to come in to our first meeting with the understanding that Washington is a community property state and believing that this means ...
JD Supra: Time to Step Up? Florida’s Community Property Trust Act Worth A Look
Unknown to many Floridians, Florida enacted the Community Property Trust Act which went into effect on , and established the ability to convert non-community property into community ...
Time to Step Up? Florida’s Community Property Trust Act Worth A Look