0
Is Pennsylvania an equitable distribution state or a community property state?
Wiki User
∙ 12y ago
No Pennsylvania is not a community property state. It does view all property gained over the course of a marriage to be eligible for equitable distribution however, no matter whose name the property is in.
Wiki User
∙ 9y ago
Wiki User
∙ 16y agoPennsylvania is not a community property state. It's an equitable distribution state. Under the law, all property acquired during marriage, regardless of whose name it is in, is part of the marital estate and is subject to equitable distribution upon divorce. The court looks at several factors to determine a fair and equitable division of assets.
Wiki User
∙ 12y agoPennsylvania is not a community property state.
Pennsylvania is not a community property state.
Pennsylvania is not a community property state.
Pennsylvania is not a community property state.
Wiki User
∙ 14y agoWiki User
∙ 12y agoPennsylvania is not a community property state.
Add your answer:
Earn +20 pts
If Montana is not a community property state what is it?
Montana is an equitable distribution state.
If North Carolina is not a Community Property state then what is it?
North Carolina is an equitable distribution state. This means that all marital property is split in an equitable manner. This does not mean that it will be equally divided.
Is Iowa a community property state?
No, when it pertains to marital property, Indiana is an "equitable distribution" state. When it pertains to debts, both spouses have responsibility for debts jointly incurred during the marriage, solely incurred debts are the responsibility of the account holder spouse.
Information on property distribution after separation?
When a couple decides to divorce , one of the issues that will have to be addressed is the division of their property and debt. Generally, the court will resolve this in one of two ways: equitable distribution or community/separate property . Let's have a look at both. Equitable distribution is considered to be a fair (but not always equal) distribution of all the marital property and assets. Typically, the spouse with the higher income will receive a larger portion of the distribution based on the assumption that they contribution more financially to the union. Equitable distributions are used in all states except community property states. Community property or separate property. Separate property consists of property and assets that were acquired prior to the marriage as well as inheritances, personal injury awards and workers compensation, even if it was received during the marriage. Community property is any property and assets that were acquired during the marriage (with the few exceptions noted above) and is divided equally between the two parties. Arizona , California , Idaho , Louisiana , Nevada , New Mexico , Texas , Washington , Wisconsin and Puerto Rico are all community property states.
Is Michigan a community property state and what are spouses entitled to?
Michigan is not a community property state, it is an equitable distribution state. Marital property and assets are divided in a manner that will allow both parties to have as equal a share as possible, but not necessarily a 50-50 division.
In North Carolina when two people get married do the community property laws take effect automatically in the case of home ownership?
The state of North Carolina is not a community property state. They are an equitable distribution state which means each spouse is allowed to own their own property.
Is New York a community property state?
No. New York is an equitable distribution state when relating to marital property. The "CP" states are Arizona, California, Idaho, Louisiana, Nevada, New Mexico Texas, Washington State and Wisconsin
What type of marital property state is Maryland concerning property division in divorce after 17 years of marriage?
Maryland is not a community property state. Maryland is an equitable distribution state. That means the divorce court will divide property acquired during the marriage fairly between the spouses, but not always equally. The court can determine that an equal distribution would be unjust and can award one party a greater share depending on the particular circumstances in each case. See related link.Maryland is not a community property state. Maryland is an equitable distribution state. That means the divorce court will divide property acquired during the marriage fairly between the spouses, but not always equally. The court can determine that an equal distribution would be unjust and can award one party a greater share depending on the particular circumstances in each case. See related link.Maryland is not a community property state. Maryland is an equitable distribution state. That means the divorce court will divide property acquired during the marriage fairly between the spouses, but not always equally. The court can determine that an equal distribution would be unjust and can award one party a greater share depending on the particular circumstances in each case. See related link.Maryland is not a community property state. Maryland is an equitable distribution state. That means the divorce court will divide property acquired during the marriage fairly between the spouses, but not always equally. The court can determine that an equal distribution would be unjust and can award one party a greater share depending on the particular circumstances in each case. See related link.
In non -community property states how is property transferred after a marriage ends in divorce?
This will depend on the laws in the jurisdiction in which the divorce is taking place. However, in many jurisdictions such as in New Jersey, property is divided according to a concept called "equitable distribution". This means that in the divorce action the court will look at the marital property and the history of the marriage and divide the property so that it is equitable to both parties. The major factor is the roles each spouse played in the marriage in acquiring the marital property. A woman who was the housewife of the husband who brought in all the money will still be entitled equitable distribution since her contributions to the marriage as a housewife were just as important as his as the main earner.
Is Utah a community property state?
== == Utah is an 'equitable distribution of property' state. The courts can consider property that is generally considered separate property included into distribution to the non owning spouse. Southern Utah courts are the worst, doing as they please. Rulings not following civil procedure rules are common and often inequitable. Good luck! Nope, in the United States there are ten community property states: Alaska, Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin.
What is equitable distribution?
AnswerIt is the process used in the majority of US states to divide marital property. "Equitable distribution" is followed, meaning that the court attempts to distribute the property in a manner that is "fair and just". This doesn't necessarily mean that the property is distributed evenly, only that it is done in a way that is fair.To do this, the court will consider a variety of factors, including the parties' income, contributions to the marriage, the standard of living, and even the potential for future income after the divorce is final.Additional InformationIn an equitable distribution state property that is owned by either spouse is considered to be marital property and can be redistributed in order to make the distribution fair to each party according to their respective needs. You can read more about it at the link below.
In an equitable distribution state is an inheritance received during the marriage considered the sole property of the person that inherited it?
As long as the inheritance is kept separate and apart from the marital assets, an inheritance by one spouse is considered the sole property of the inheriting spouse in an equitable distribution state. If the inheritance is devoted to the so-called "marital pot" by co-mingling it with other assets, it loses its separate identity and becomes just another asset of the marriage subject to equitable distribution.
