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SmartAsset on MSNCommunity Property States vs. Common Law StatesProperty division in a divorce depends on whether the state follows community property or common law rules. In community ...
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 ...
Community Property vs. Common Law Property The majority of states rely on the concept of common law property to determine who owns property acquired during a marriage. In a common law state ...
Non-community-property states are considered common law property states, meaning property is generally owned by the acquiring spouse. If you live in a state that doesn't observe community property ...
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