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Is New Mexico a spousal state?

New Mexico is a community property state. This means that any property that belongs to the marriage must be split equally between the spouses when they divorce. Likewise, all debts incurred during the marriage (with the exception of gambling debts) belong to both spouses equally.

How is property divided in a divorce in Mexico?

Under the community property regime, there is an absolute 50/50 split of all property and debts between the parties.

Is New Mexico a marital property state?

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.

What are the rules for alimony in New Mexico?

The recommended formula is as follows: In cases with no child support agreement: 30% of Payors Gross Income minus 50% of Recipients Gross Income In cases with a child support agreement: 28% of Payors Gross Income minus 58% of Recipients Gross Income

What are the divorce laws in New Mexico?

New Mexico is a no-fault divorce state which means the misbehavior of the parties during the marriage has no bearing on the division of the property and debt on dissolution of the marriage. Though it may seem unfair, it is the law.

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