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Louisiana/Texas married people, are you comfortable with community property?
Posted on 1/5/19 at 7:51 pm
Posted on 1/5/19 at 7:51 pm
No way I’d agree to a 50/50 split of property acquired during the marriage if a divorce were to happen. Most of the country uses the common law separate property system, which also has its faults, but at least you can keep what is yours (except for the scam known as alimony).
My wife is from Louisiana. If we were married and lived there still, I’d be inclined for a marriage contract outlining distribution in the case of dissolution.
My wife is from Louisiana. If we were married and lived there still, I’d be inclined for a marriage contract outlining distribution in the case of dissolution.
This post was edited on 1/5/19 at 7:52 pm
Posted on 1/5/19 at 7:51 pm to Parmen
quote:
No way I’d agree to a 50/50 split of property acquired during the marriage if a divorce were to happen
That's not how it works bubba. Doesn't matter if you agree or not
Posted on 1/5/19 at 7:52 pm to Parmen
I’m comfortable scratching my balls on the sofa when everyone’s gone.
Posted on 1/5/19 at 7:52 pm to Parmen
It all depends on if the wife worked in the family business and was an asset to said business or if she just spent the profits thereof.
Posted on 1/5/19 at 7:52 pm to Parmen
Why wouldn’t you be ok with splitting assets 50/50?
Posted on 1/5/19 at 7:53 pm to samson73103
So Louisiana allows for equitable distribution of contributions to the marriage?
Posted on 1/5/19 at 7:53 pm to Parmen
No way I'd agree to live in New York...even if she could throw it in the air and it would turn into sunshine.
And, the joke would be on Mrs. 19: half of zero is still zero.
And, the joke would be on Mrs. 19: half of zero is still zero.
Posted on 1/5/19 at 7:55 pm to Parmen
quote:
No way I’d agree to a 50/50 split of property acquired during the marriage if a divorce were to happen.
What's the problem?
Posted on 1/5/19 at 7:57 pm to Parmen
My inheritance won’t be so......
Posted on 1/5/19 at 7:57 pm to Parmen
quote:
No way I’d agree to a 50/50 split of property acquired during the marriage if a divorce were to happen.
We've got separate property documents for that.
Posted on 1/5/19 at 7:58 pm to Strannix
quote:
My inheritance won’t be so......
Yeah, inheritances and gifts are exempt, rightfully so
Posted on 1/5/19 at 8:00 pm to JohnnyKilroy
quote:
What's the problem?
If you are in a community property state, your spouse didn’t work or worked but the income was meager, you’re fine with them taking half the plunder during a divorce?
Posted on 1/5/19 at 8:03 pm to Parmen
In Louisiana, the man gets fricked by the system more often than not. Any money paid on a debt that existed at the time of marriage by money earned during the marriage is considered community property. Even if that debt was essential to running the family business. And even if the wife never worked in the family business nor outside of the marriage in any manner to contribute to the family finances.
Posted on 1/5/19 at 8:04 pm to OweO
I know if I made a ban bet and lost, I’d follow through, especially if I told people that I honor deals.
This post was edited on 1/5/19 at 8:05 pm
Posted on 1/5/19 at 8:04 pm to Parmen
quote:
If you are in a community property state, your spouse didn’t work or worked but the income was meager, you’re fine with them taking half the plunder during a divorce?
Depends. Did she do other things that supported the household in other ways (running all the errands, handling bills/appointments, took care of the kids etc)
I wouldn't like it if she sat around and did nothing productive all day but I would never marry someone who would do that.
My wife and I make similar amounts so not really an issue for me.
Posted on 1/5/19 at 8:05 pm to Supermoto Tiger
quote:
We've got separate property documents for that.
This
Posted on 1/5/19 at 8:06 pm to JohnnyKilroy
Yeah I suppose. My wife works and actually makes more than I do (granted she has a graduate degree and I don’t). My question was just academic after many threads here about people going though possible divorce
This post was edited on 1/5/19 at 8:07 pm
Posted on 1/5/19 at 8:08 pm to Parmen
quote:
I know if I made a ban bet and lost, I’d follow through, especially if I told people that I honor deals.
Good for you. But you are basic and I am not.
Posted on 1/5/19 at 8:09 pm to JohnnyKilroy
quote:
Depends. Did she do other things that supported the household in other ways (running all the errands, handling bills/appointments, took care of the kids etc)
I wouldn't like it if she sat around and did nothing productive all day but I would never marry someone who would do that.
My wife and I make similar amounts so not really an issue for me.
exactly. if her doing "(running all the errands, handling bills/appointments, took care of the kids etc)" helps the business be ran more efficiently by freeing up time from the man having to do those things, that is an indirect contribution to the business
This post was edited on 1/5/19 at 8:10 pm
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