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11-07-2005, 10:09 PM
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| | | seperate or community property
What is the name of your state? Louisiana Purchased home 2years before I married paid on 12 years during marriage wife walked out, sold house she wants half of notes paid is she entitled to it? she wants $37,800.00 only got $51,000.00
Last edited by ray72; 11-07-2005 at 10:12 PM.
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11-07-2005, 10:14 PM
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| | | [quote=ray72]What is the name of your state? Louisiana Purchased home 2years before I married paid on 12 years during marriage wife walked out, sold house she wants half of notes paid is she entitled to it? she wants $37,800.00 only got $51,000.00 |
11-07-2005, 10:14 PM
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Originally Posted by ray72 What is the name of your state? Louisiana Purchased home 2years before I married paid on 12 years during marriage wife walked out, sold house she wants half of notes paid is she entitled to it? she wants $37,800.00 only got $51,000.00 | Tell her to bite rocks.
Louisiana is a community property state, which means that any property acquired during the marriage is treated as being owned by both you and your spouse. A spouse’s separate property, which is property acquired before the marriage and property acquired by gift or inheritance, is awarded to that spouse. The community property is divided equally between the spouses. Personal property that is necessary for the safety and well-being of the spouse filing for divorce and any children in that spouse’s custody will be awarded to the filing spouse.
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11-08-2005, 11:07 AM
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Originally Posted by BelizeBreeze Tell her to bite rocks.
Louisiana is a community property state, which means that any property acquired during the marriage is treated as being owned by both you and your spouse. A spouse’s separate property, which is property acquired before the marriage and property acquired by gift or inheritance, is awarded to that spouse. The community property is divided equally between the spouses. Personal property that is necessary for the safety and well-being of the spouse filing for divorce and any children in that spouse’s custody will be awarded to the filing spouse. | Wouldn't the equity/appreciation that accrued during the marriage also be community property? |
11-08-2005, 11:09 AM
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Originally Posted by LdiJ Wouldn't the equity/appreciation that accrued during the marriage also be community property? | Not unless the asset was converted. Separate property remains separate property according to Louisiana statute.
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