Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as a ...

Question: My husband and I are filing for divorce in 2025. My attorney told me that we can file “Married Filing Separately” or “Married Filing Jointly” for 2024. Can you please give me the basics ...

Property acquired during marriage is presumed to be community property. Property acquired before marriage, by gift or by inheritance, is presumed to be separate property. Kenishirotie / Getty Images ...

Dear "Always Thinking": Nice try, but you can't convert community property to separate property without your spouse knowing about it. Otherwise, it would happen in just about every divorce. Separate ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Property division in a divorce depends on whether the state follows community property or common law rules. In community property states, most assets acquired during the marriage belong equally to ...

Q. Since Idaho is a community property state, if my husband dies, do I automatically inherit all of our property or would his children from his first marriage inherit his half of everything? A.

Q: Does an IRA inherited by a child become the child's separate property in Texas, thereby protecting the interest of the child in the event of a divorce? Is this answer applicable to other states? A: ...

Question: My wife and I recently filed for divorce and, according to my attorney, it will not be finalized until well into 2023. I am told that we can file “Married Filing Separately” or “Married ...