Is new mexico a community property state?

New Mexico is a community property state, which means that all of the property acquired by a couple during their marriage, or earned by either spouse, during the marriage is considered equally owned by both spouses. read more

New Mexico Community Property Laws: Community Versus Separate Property It is well know that New Mexico is a community property state. The meaning of community property is sometimes difficult to grasp, and the implications for the division of property and debt hard to accept. read more

Community property states are Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. States Where You Can Opt In In Alaska, South Dakota, and Tennessee, spouses can opt in to the community property system and/or designate specific assets as community property. read more

New Mexico Community Property Laws: Community Versus Separate Property It is well know that New Mexico is a community property state. The meaning of community property is sometimes difficult to grasp, and the implications for the division of property and debt hard to accept. read more