Prenuptial Agreement. Download online state specific prenuptial agreements form (Premarital Contract)
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To better understand the issues relating to your legal situation or problem, our legal information and other law related facts may be of interest to you
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Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, and Washington follow a different system. They are "community Property" states. In these states, the income earned and both spouses share Property acquired during Marriage equally, even if one spouse earned all the income. Just as in the common law states following the "traditional" system, Property owned before Marriage plus gifts and inheritances remain separate Property. Wisconsin has adopted the Uniform Marital Property Act, which approximates community Property statutes. In community Property states, the community Property is divided "equitably" upon divorce, and each spouse keeps his or her own separate Property. "Equitably" means "equal" or "50/50" in a few states. However, in most states a judge may modify this "50/50" approach and divide the Property unequally after taking into consideration all of the circumstances, including the ability of each spouse to earn future income. Because judges in common law states usually divide Property fairly between divorcing spouses, the differences between community Property states and common law states are no longer as great as they were in the past.
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Return to all Prenuptial Agreement legal information
Legal Articles about Prenuptial Agreement
Prenuptial Agreement Frequently Asked Questions
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Spouse-Seekers
Love is the best medicine in the world. It gives everyone a reason to live, a reason to work, a reason to keep going ...
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Prenuptial Agreements Advantages
The brief discussion of the advantages of prenuptial agreements ...
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Marriage is good for men
Men who become widowed or divorced may lose more than a spouse. They are also likely ...
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Community Notes: New free alerts to potential property fraud offered by county
The Sheboygan Press
Sheboygan County's Register of Deeds Ellen Schleicher urged county residents to take advantage of a new, free service being offered by the Register of Deeds office to help protect people against property fraud. People can sign up through the county's ...
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Community property estate loophole persists
Albuquerque Journal
So if the wife inherited all of the property, she received an income tax basis adjustment for all of the couple's property. But this was not true for those who lived in a community property state. If the husband and wife owned the property as community ...
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