COMMUNITY PROPERTY- All You Need to Know About
Community property is a type of joint ownership of assets between married couples. The law states that a couple owns all assets equally if they were purchased during their marriage. This article talks about all ins and outs of community property. What Community Property SAYS? Community property is the law in nine states: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. Married couples can elect to have some or all of their property treated as community property in Alaska,