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Divorce Information Tips and Strategies to Protect Your Finances

No one goes into their marriage thinking that they are going to have to pull things apart and pick-up the sometimes unfamiliar role of managing their finances. To some, this is what they are used to dealing with and to others, it becomes a very stressful task that is piled onto an already stressful [...]

Community Property vs. Equitable Property Rules in Divorce

Nine states are Community Property states:

Arizona
California
Idaho
Louisiana
Nevada
New Mexico
Texas
Washington
Wisconsin

In contrast, other states follow an Equitable property distribution. Both terms are described below.

Community Property

Community property states consider all property as being in two categories:  separate property or community property.  Separate property doesn’t need to be split at the time of divorce but community property does. 

In a community property [...]

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