Is Montana a joint property state?
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Is Montana a joint property state?
Montana is NOT a community property state, which means that marital property is not automatically divided 50/50 between the spouses in a divorce case. Factors such as one spouse’s economic misconduct may also be considered.
Can one spouse get everything in a divorce?
When you get divorced, community property is generally divided equally between the spouses, while each spouse gets to keep his or her separate property. Equitable distribution: In all other states, assets and earnings accumulated during marriages are divided equitably (fairly) but not necessarily equally.
Which of these is considered separate property in a marriage?
Generally, the following is considered separate property: Property owned by one spouse prior to the marriage; Gifts or inheritances received by one spouse prior to or during the marriage; Personal injury awards, minus any compensation for lost wages (unless it’s a community property state); and.
