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Daily Archives: Dec 22, 2016

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Federal Court Finds Tax Debts Owed by One Spouse Can Affect Marital Property

Community Property, Debt, Divorce, Financial, TaxesBy Zachary AshbyDec 22, 2016

Washington is a community property state. This means that any income, property, or debts that a couple acquires during a marriage is assumed to belong to both partners equally. This is the case even if only one spouse purchased the property or actually owes the debt—under the state’s community property laws, all assets and debts…

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