Louisiana is a community property state, wherein spouses are considered joint owners of nearly all assets and debts acquired in marriage. In the event of a divorce, assets acquired during the marriage ...

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 ...

The first step to be undertaken is to quantify all the assets owned by the couple, in their sole or joint names and held directly or indirectly. The next step is to categorize them as “marital” (for ...

A divorce decree outlines which spouse is legally responsible for each debt after the divorce is completed. States either have community property or common law marriages, and these laws determine how ...

The magazine’s Ethicist columnist on how to equitably divide marital assets after a split. By Kwame Anthony Appiah I have been married for eight years, and I’m starting the process of divorce. In the ...

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 ...

Can a trust protect inherited assets during a divorce? Find out how asset protection trusts work and shield assets from divorce settlements. Pam Bondi accused of "serious misconduct" in Florida Bar ...

"Till death do us part” no longer applies to a growing number of older couples. A Bowling Green State University study found that between 1990 and 2021, the divorce rate more than doubled for those ...

Q: Does an IRA inherited by a child become the child's separate property in Texas, thereby protecting the interest of the child in the event of a divorce? Is this answer applicable to other states? A: ...