Community Property

What does Community Property mean?

Community property is all property and income accumulated by a husband and wife during their marriage, with the exception of separate property owned by either of them individually before the marriage. Under community property laws, property accumulated during the marriage becomes joint property, even if it was originally acquired in the name of only one partner. Community property can also be half of each spouse's income during the marriage (salaries, wages, and other payments) and debts acquired during marriage.

Not all property is community property. For instance, separate property in a community property state can include gifts given to one spouse, property either spouse owned before the marriage and kept separate during the marriage, and inheritances.

If you live in a community property state, this can impact property distribution in divorce. General community property laws vary by state. Currently the community property states are Alaska (by agreement), Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. Talk to a divorce lawyer if you have questions about what property you can keep after divorce.

Browse Legal Glossary Alphabetically:

1 | A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | Q | R | S | T | U | V | W | Z |

Divorce Law Attorneys near Ashburn VA

Livesay & Myers, P.C.

Livesay & Myers, P.C. Profile Picture
4250 Fairfax Drive #600
Arlington, VA 22203

Duff & Kronfeld, P.C.

Duff & Kronfeld, P.C. Profile Picture
11320 Random Hills Road
Fairfax, VA 22030

R and B Law Group, PLLC

R and B Law Group, PLLC Profile Picture
7700 Leesburg Pike, Suite 312
Falls Church, VA 22043

Andrews Law Firm

Andrews Law Firm Profile Picture
122 North Alfred Street
Alexandria, VA 22314

Dannenbaum Law Firm

Dannenbaum Law Firm Profile Picture
2300 Clarendon Blvd
Suite 607 Arlington, VA 22201

Term of the Day

Immigration and Naturalization Service (INS)

The INS was created to deal with illegal immigration into the United States and to ensure the laws of naturalization were followed.

Category: Immigration