11/14/2022
🗣Gentle Reminder🗣
You should be familiar with whether you're in a community property state or an equitable distribution state!
This has a central role in determining the following:
- how you want your businesses set up & ran,
- how you want to go about creating an estate plan for your family,
- whether you want to acquire property jointly or separately, and
-how you want to draft your prenup, postnup, or cohab agreement.
...
Only 9 states are community property states.
38 states are equitable distribution states.
3 states allow for the couple to choose. Those states have the (*) next to them: AK, SD, TN
This is your friendly reminder to get a basic overview of your state's family law code!! I promise it's not as difficult as it sounds.