These states require equal distribution of assets acquired during a marriage Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit ...

Kiara Taylor has worked as a financial analyst for more than a decade. Her career has involved a number of financial firms, including Fifth Third Bank, JPMorgan, and Citibank. She has filled a number ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. You may have heard the term “community property,” but ...

Nine U.S. states observe community property law, where marital assets are considered equally owned by both spouses. In a divorce in these states, community property assets are typically split 50-50, ...

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 ...

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 ...

Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as a ...