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Louisiana Community Property Divorce Form

Louisiana Community Property Divorce Form

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Instructions and help about community divorce

welcome to this installment of clarifying tax situations with attorney and CPA David W claw sane how do community property and separate property rules affect a divorce in the United States there are currently nine community property states these include Arizona California Idaho Louisiana Nevada New Mexico Texas Washington and Wisconsin in its most simplistic form community property is a state statute that mandates concurrent form of ownership between husband and wife a community property states the earnings of the husband and wife are considered community property and thus are equally divided between the spouses during marriage any assets that are purchased during marriage with community property funds remain community property marital assets separate property can consist of property that was acquired before marriage property that's inherited during marriage or property that's received via gift during marriage separate property of each spouse even works brought into a c

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