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Alabama is not a community property state in which all assets are split 50/50 and divided between the couple. Alabama is an equitable distribution state, which means that assets gained during the marriage or used for the benefit of the marriage should be split in a fair and equitable way.
In other words, retirement accounts and benefits are divisible in Alabama if you have been married for at least 10 years and the account was not maximized prior to the marriage.
Once established, a common law marriage is just as valid and binding as a formal church wedding. It lasts until a court grants a divorce or one partner dies.
Spousal States: What it Means For Your VA Loan. If you are married and applying for a VA loan in Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington or Wisconsin, there is a surprise complication to the application process due to how marital property is held in these states.
Alabama is not a community property state in which all assets are split 50/50 and divided between the couple. Alabama is an equitable distribution state, which means that assets gained during the marriage or used for the benefit of the marriage should be split in a fair and equitable way.
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Alabama is not a community property state in which all assets are split 50/50 and divided between the couple. Alabama is an equitable distribution state, which means that assets gained during the marriage or used for the benefit of the marriage should be split in a fair and equitable way.
In a marriage that lasted 10 or more years, a judge may award one spouse a portion of the other spouses retirement accounts. Regardless of the length of the marriage, the court cannot include benefits a spouse earned before the marriage in the division.
In Alabama, debt and assets are divided in an equitable fashion. That means that, rather than being divided 50/50, debt is split up in a way that is fair to both parties.
In a marriage that lasted 10 or more years, a judge may award one spouse a portion of the other spouses retirement accounts. Regardless of the length of the marriage, the court cannot include benefits a spouse earned before the marriage in the division.
All property acquired by a couple during their marriage will be considered marital property. Meanwhile, property that was acquired before marriage or through inheritance is generally considered separate property. However, separate property can become marital property, and this is sometimes where it can get tricky.

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