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www.itsovereasy.com/insights/common-law-property-versus...

Common-Law Property. In all other states, common-law property rules apply. Put simply, this means that assets and debts you acquire during a marriage are yours alone — unless otherwise indicated by a title or other legal document.

legalees.com/community-property-law-vs-common-law-property

So being in a community property state could save you some income taxes after your spouse dies. The short story is there are asset protection advantages to living in a common law property state, and there are income tax advantages to living in a community property law state.

www.womensdivorces.com/.../common-law-vs-community-property-states

Generally, in community property states the courts primary objective is to simply divide the property between the spouses (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas and Washington). In common law states property is divided based on principals of equity or overall fairness. This can lead to a very different outcome than in ...

www.investopedia.com/terms/c/common-law-property.asp

Common law property is a system that most states use to determine ownership of property acquired during marriage. In contrast to the community property system, the common law property system ...

www.assetprotectionplanners.com/.../community-property-states

Community Property States vs. Common Law. In community property states, the assets of each spouse are considered assets of the marital unit.The assets of each partner in the relationship are not legally separate from those of the spouse. That is, while a couple is married, creditors of one spouse, with certain restrictions, can seize the assets of both spouses.

vonderhaarlaw.com/family-law/common-law-vs-community-property

Common Law vs Community Property Awareness. It’s important for couples considering either marriage or divorce to be aware of and understand the differences between common law vs community property. While most couples will not choose to live in a particular state because of these laws, it is an important issue to discuss with an existing or ...

www.irs.gov/irm/part25/irm_25-018-001

This interplay of federal and state law requires an understanding of relevant state property laws to properly analyze community property issues. There are two distinct property systems in the United States: common law and community property. Each system creates different rights and interests in property.

info.legalzoom.com/difference-between-community-property...

Property held as a joint tenancy and property held as community property with rights of survivorship have many similar characteristics. When a married couple owns property as a joint tenancy or as community property with rights of survivorship, the spouse who outlives the other automatically receives the deceased spouse's property interest.

tingenwilliams.com/2016/common-law-states-community...

Common Law States & Community Property States. Virginia property law ownership is complex and may change along with your marital status. There are important differences between common law and community property states.