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Know Your Rights: Divorce And Community Property States

2020-01-20 175 Dailymotion

Divorce is painful for everyone involved, but it can be even worse if financial negotiations go awry.<br />According to Business Insider, if you're unable to decide how to divide your assets during a divorce, the courts will do it for you.<br />Most US states observe equitable distribution. That means all property acquired during the marriage is divided fairly at a judge's discretion.<br />But nine US states observe community property law, where marital assets are split 50-50.

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