Community property is a state-level legal distinction of a married person's assets, such as property acquired during the course of a marriage.

If you live in a community property state with your spouse, or if you had lived in a community property state with your spouse for any prior period of time, the assets accumulated while there have ...

Nine U.S. states observe community property law, where marital assets are considered equally owned by both spouses. In a divorce in these states, community property assets are typically split 50-50, ...