BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Any income and any real or personal property acquired by either spouse during a marriage are considered community property and thus belong to both partners of the marriage. Under community property, spouses own (and owe) everything equally, regardless of who earns or spends the income.

Detailed explanation-2: -In review, separate property becomes community property through two common scenarios: commingling and transmutation. If you are concerned about keeping property legally separate, be sure to avoid unintentional commingling, and certainly avoid transmutation.

Detailed explanation-3: -Is Massachusetts a Community Property State? No, Massachusetts follows equitable distribution rules, not community property rules. In Massachusetts, a judge will divide marital property equitably (fairly), but not necessarily equally.

Detailed explanation-4: -It is important for people to understand that separate property can become community property. When people decide to divorce one very important thing they must do is divide their property. According to Washington State law, property acquired after the marriage ceremony is considered community property.