Get a divorce and keep your property…. July 16, 2008
Posted by pigeonor in Main.Tags: community, divorce, gift, inheritance, marriage, property, real estate, rosie the riveter, susan b. anthony
trackback
In my real estate book, it says:
“All property acquired by a husband and wife during a valid marriage—except for certain separate property—is called community property. Community property excludes property acquired before marriage or during marriage by gift or inheritance.”
So i guess you should buy a house before you get married, as well as a your car, your yacht, and any other high valued property huh?
But there is a catch:
“If spouses want to maintain the status of their separate property, they must be very careful not to commingle it with their community property. For example, if community property funds are used to offset the negative cash flow of an apartment building that is separate property, the apartment building will become community property.”
This clause was probably suggested by a female being that statistically, men are the ones bringing home the bread….
DAMN YOU ROSIE THE RIVETER AND DOUBLE DAMN YOU SUSAN B. ANTHONY!!!!!!!!
Comments»
No comments yet — be the first.