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New Mexico Community Property Laws Since New Mexico is a community property state, any assets and debts acquired during the marriage will be divided equally between the spouses.
Is New Mexico a spousal support state?
In New Mexico, there are three types of spousal support that can be awarded to you or your spouse. Long Term Alimony is the type most people think of when they hear the word alimony. Long-term support has an indefinite duration, which means its paid until the supported spouse dies or remarries.
What is a wife entitled to in a divorce in New Mexico?
Property owned by either spouse before marriage or acquired after marriage by gift, bequest, devise or descent, with the rents, issues and profits, is the separate property of that spouse. All other property acquired by either husband or wife or both after marriage is community property.
Is NM a 50/50 state for divorce?
New Mexico is a community property state and also an equitable distribution state. This means that marital assets and debts are generally split 50/50 between the spouses unless another division is agreed upon by the spouses.
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The Law of Community in New Mexico - UNM Digital Repository
by RE Clark 1951 There are two requisites for comniunity property ownership which are usually,stated: a valid marriage and acquisition of th~ property during the marriage. The
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