Marital property, also known as marital assets, spousal assets or community property, matters when it comes to taxes, estate law and divorce. In most cases, separate property applies to the assets you ...

Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as a ...

Community property law applies in determining whether property and the income it produces is community property or separate property if (1) in the case of income from ...

Property acquired during marriage is presumed to be community property. Property acquired before marriage, by gift or by inheritance, is presumed to be separate property. Kenishirotie / Getty Images ...

The statutory presumption is that all property acquired during the marriage, unless clearly separate, is deemed marital property; it is "the titled spouse's burden to rebut that presumption." 1 Two ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Q: Both my wife and I have been married before. We each have our own biological children and we brought our own assets, including financial accounts, to our marriage. We agree that we want to keep all ...

“Using an inheritance to pay for home renovations can transform it into commingled property,” says the law office of Bryan Fagan. This statement encapsulates a crucial aspect of property division in ...

An injured firefighter's entire federal September 11th Victim Compensation Fund award constitutes separate property for the purposes of equitable distribution, a state appeals court in Brooklyn has ...