Dictionary
Community property
noun
Property acquired during a marriage, excluding gifts and inheritances, that is owned jointly by both spouses and is divided upon divorce, annulment or death.
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Exact(57)
Community property, legal treatment of the possessions of married people as belonging to both of them.
Community property is generally divided between the parties, but it's not necessarily 50/50.
Community property states are: Arizona, California, Idaho, Louisiana, New Mexico, Nevada, Texas, Washington, and Wisconsin.
Community property with right of survivorship.
Community property is property you acquired during your marriage.
Community property states dictate the spouse will automatically receive half.
Community property states include: Arizona, California, Idaho, Nevada, New Mexico, Texas, Washington, Wisconsin, and Alaska.
Community property includes all assets that you and your wife accumulated during the marriage.
Similar(3)
The history of marital property law shows a gradual spread of the community-property system.
"This permitted married taxpayers in community-property tax states to avoid the higher marginal rates.
If you move to another state, and particularly if you move between a community-property and non-community-property state, you must have your plan reviewed.
Related(20)
Community hardware
Community investment
Community livestock
Community asset
Community land
Community site
Community item
Community capital
Community industry
Community heritage
Community ownership
Community title
Community damage
Community titles
Community lands
Community service
Community development
Community cookbook
Community spirit
Community engagement
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