Community Property State -
One of nine states (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin) in which all property acquired during marriage, except by gift or inheritance, by either or both of the spouses is considered to be owned equally by them, and with each having the right to transfer his/her one-half share in that property (the "community") freely at death. Alaska might also be considered as a community property state because spouses there may elect to treat their property as community property.
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The content in this glossary is general in nature and is intended for informational purposes only.
It is not intended to provide specific advice or recommendations for any individual or organization,
because the facts and circumstances surrounding each situation differ. Please consult your attorney,
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