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Louisiana/Texas married people, are you comfortable with community property?

Posted on 1/5/19 at 7:51 pm
Posted by Parmen
Member since Apr 2016
18317 posts
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.
This post was edited on 1/5/19 at 7:52 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 1/5/19 at 7:51 pm to
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 by BRgetthenet
Member since Oct 2011
118270 posts
Posted on 1/5/19 at 7:52 pm to
I’m comfortable scratching my balls on the sofa when everyone’s gone.
Posted by samson73103
Krypton
Member since Nov 2008
9390 posts
Posted on 1/5/19 at 7:52 pm to
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 by yellowfin
Coastal Bar
Member since May 2006
99034 posts
Posted on 1/5/19 at 7:52 pm to
Why wouldn’t you be ok with splitting assets 50/50?
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 1/5/19 at 7:53 pm to
So Louisiana allows for equitable distribution of contributions to the marriage?
Posted by 19
Flux Capacitor, Fluxing
Member since Nov 2007
35690 posts
Posted on 1/5/19 at 7:53 pm to
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.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41868 posts
Posted on 1/5/19 at 7:55 pm to
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 by Strannix
C.S.A.
Member since Dec 2012
54209 posts
Posted on 1/5/19 at 7:57 pm to
My inheritance won’t be so......
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
10964 posts
Posted on 1/5/19 at 7:57 pm to
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 by Parmen
Member since Apr 2016
18317 posts
Posted on 1/5/19 at 7:58 pm to
quote:

My inheritance won’t be so......


Yeah, inheritances and gifts are exempt, rightfully so
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 1/5/19 at 8:00 pm to
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 by OweO
Plaquemine, La
Member since Sep 2009
122525 posts
Posted on 1/5/19 at 8:00 pm to
You are a shite poster.
Posted by samson73103
Krypton
Member since Nov 2008
9390 posts
Posted on 1/5/19 at 8:03 pm to
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 by Parmen
Member since Apr 2016
18317 posts
Posted on 1/5/19 at 8:04 pm to
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 by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41868 posts
Posted on 1/5/19 at 8:04 pm to
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 by madamsquirrel
The big somewhere out there
Member since Jul 2009
56564 posts
Posted on 1/5/19 at 8:05 pm to
quote:

We've got separate property documents for that.




This
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 1/5/19 at 8:06 pm to
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 by OweO
Plaquemine, La
Member since Sep 2009
122525 posts
Posted on 1/5/19 at 8:08 pm to
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 by sgallo3
Lake Charles
Member since Sep 2008
28300 posts
Posted on 1/5/19 at 8:09 pm to
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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