Editor: Crass Cash
There are nine community property states. They are: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin. Alaska gives you the option to opt out or not. What this means in basic terms is that anything acquired jointly during a marriage is considered to be owned equally by both. This however, doesn't apply to property that was acquired prior to the marriage.
During the Tiger Woods divorce proceedings his wife was trying to get the divorce done in California because that's where Tiger Woods was from, but their homestead was in Orlando, FL. Note that this would have given her right to half of everything he made while they were married. Considerably more than their prenuptial of $10 million. This is what I read in the newspapers, so it's up to you as to whether it's true or not.
As always check with a divorce attorney in your home state prior to marriage for more detailed information. I'm not a lawyer!
During the Tiger Woods divorce proceedings his wife was trying to get the divorce done in California because that's where Tiger Woods was from, but their homestead was in Orlando, FL. Note that this would have given her right to half of everything he made while they were married. Considerably more than their prenuptial of $10 million. This is what I read in the newspapers, so it's up to you as to whether it's true or not.
As always check with a divorce attorney in your home state prior to marriage for more detailed information. I'm not a lawyer!
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