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Case law and applicable formulas vary among community property jurisdictions to apply to these and many other situations, to determine and divide community and separate property interest in such a residence and other property. Community property issues often arise in divorce proceedings and disputes after the death of one spouse.
According to a survey by Certified Divorce Financial Analysts (CDFA), 22% of divorces in North America stem from money problems, underscoring how important financial conversations are.
Continue reading → The post Divorce Laws in Indiana appeared first on SmartAsset Blog. If you’re careful, though, a divorce doesn’t have to bring financial ruin. You just have to make sure ...
It was enacted after a successful case by a Chickasaw woman, Betsy Love Allen, prevented a creditor of her husband from seizing her separately owned slaves. [8] [9] Maine and Maryland did likewise in 1840. In 1842, New Hampshire allowed married women to own and manage property in their own name during the incapacity of their husband, and ...
Community of Acquests and Gains: Each spouse owns an undivided half-interest in all property acquired during the marriage, except for property acquired by gift or inheritance during the marriage, which is separate property; or which traces to separate property acquired before the marriage, which remains separate property; or which is acquired during a period when the couple are permanently ...
Research finds that marital conflicts about money are more pervasive, problematic, and recurrent than other fights—despite the fact that couples typically work harder to solve their money problems.
The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
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