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Is Texas a community property state and if so what if a spouse withdraws all monies from all accounts before filing for divorce does the spouse have to return the community monies and properties?
Wiki User
∙ 14y ago
Texas recognizes community and separate property. Community property is divided in a just and right manner. This does not necessarily mean equally; there are factors such as differences in earnings of the spouses, the nature of the property involved, and fault in the breakup that the Court can consider in the determination of "just and right." However, an equal division is a good rule of thumb.
She may not have to physically return the money but the judge may take that into consideration when determining what is just and right.
Wiki User
∙ 14y ago
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Can a spouse leave all her bank accounts to her child upon death or does the husband get it regardless of what the will says because of community property?
It depends on several factors that include when the accounts were opened and the community property laws in the state of residence. You should discuss the issue with an attorney.
What is the use of a Cadastral Map?
A cadastral map is a map that shows the land properties in a community and the use to which a property is put or the name of the owners of each property.
Is Alabama a community property state?
No. In the United States there are ten community property states: Alaska, Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin.Oklahoma is not a community property state.
What is considered community property?
Generally, anything that a married couple accumulates during the marriage is considered community property, that is, both spouses own an undivided share of the whole. Community property courts start with a strong presumption that anything acquired during marriage is a community item, the spouse claiming a particular item is not community property has the burden of proving otherwise. The main areas of separate property are those items acquired before marriage, items received as a gift through a will or by inheritance, and those properties purchased with separate property funds.
Is the state of Washington a separate property state?
Washington is a community property state.Washington is a community property state.Washington is a community property state.Washington is a community property state.
What does non community property mean?
A non-community property state is a separate property state.A non-community property state is a separate property state.A non-community property state is a separate property state.A non-community property state is a separate property state.
Can you leave your share in ownership of community property to your adult children by Will in New Hampshire?
Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.Community property is marital property. It cannot be devised by Will. However, New Hampshire is not a community property state.
If property is purchased in your husbands name only is it considered community property?
If the property was purchased during the marriage it is community property if you live in a community property state.
What are the mathematical properties?
the mathematical properties are the distributive property,the associative property,the communitive oroperty,and the identity property
Are bank accounts or CD accounts of a deceased person considered personal property?
Yes, bank accounts are personal property.
What if you live in a community property state and on spouse owned property before the marriage if they divorce what are the spouses rights?
Property owned prior to marriage is not considered community property unless it was converted to community property by some action by the parties.Property owned prior to marriage is not considered community property unless it was converted to community property by some action by the parties.Property owned prior to marriage is not considered community property unless it was converted to community property by some action by the parties.Property owned prior to marriage is not considered community property unless it was converted to community property by some action by the parties.
What is the difference between a community property state and a non community property state?
A community proprty state is one where anything paid for from a joint accounts (such as property even though the original purchase maybe have been initiated whike single) becomes property of the spoue as well. Regarding property...the only way It will not become community property is if is always paid for from a separte accounts or if the other spouse signs stating the they want nothing to do with It.
