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Theres a strong presumption under Louisiana law that all assets and debts a couple accumulates during marriage are community property. Separate property is property that one spouse owned alone before the marriage, acquired by gift or inheritance during the marriage, or property covered by a prenuptial agreement.
For instance, although Louisiana is a community property state not all funds received from a personal injury settlement from an incident such as a car accident or slip and fall case will be classified as such.
Your house is considered community property in Louisiana unless it was purchased by one spouse before the marriage. The same applies to your careven if your name is the only one on the paperwork, its considered joint property if it was bought during the marriage and while you resided in Louisiana.
These assets are not controlled by the will or state inheritance laws. Accounts with joint tenancy. Joint bank accounts or property held in joint tenancy with rights of survivorship will pass directly to the surviving owner without going through the court process.
As a general rule, the fruits of separate property, such as an inheritance, are considered community property in Louisiana.
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Louisiana divides marital assets under community property law, which means that property and assets acquired during a marriage are jointly owned by both spouses, regardless of who purchased it or whose name is on the title. In most cases, community property will be divided 50/50 between the spouses.
Most physical injury settlements are not considered income in Louisiana or on the federal tax level. Non-physical injuries, such as emotional distress, could be considered a taxable form of personal injury.
Property acquired during a marriage is presumed to be community property under Louisiana law, except for gifts or inheritances that were specifically given to just one spouse.
Property acquired during a marriage is presumed to be community property under Louisiana law, except for gifts or inheritances that were specifically given to just one spouse.
As a general rule, the fruits of separate property, such as an inheritance, are considered community property in Louisiana.

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