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 ...

Property division in a divorce depends on whether the state follows community property or common law rules. In community property states, most assets acquired during the marriage belong equally to ...

I didn't know this could happen to me.

Q: My husband and I filed for divorce a few months ago and the divorce will not be finalized until well into 2024. My attorney told me that we can file “Married Filing Separately” or “Married Filing ...

The Internal Revenue Code has relatively clear rules detailing the taxation of normal payments made on account of divorce. How these rules apply to pension plan distributions has been explained in ...

In recent years, I have seen more couples enter marriage with “separate property”—or assets acquired individually, by gift or by inheritance before their legal union. Separate property can include a ...

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: ...