During Our Divorce Is the Money I Earned During Our Marriage Not Part Of The Community Property?
Today’s question does not come from anyone in particular, since they did not leave a name for me to answer their question. But it was a comment that I received from one of the videos on our website and on YouTube.
The question comes from a man who was going through a divorce and he’s saying that because it is his money, because he earned that money during the marriage, that money belongs to him.
So going back to the comment in one of my videos on YouTube and on the website, the man is going through a divorce and he’s angry. He’s saying that during the marriage he worked, she did not. He earned the money. He should be able to keep the money, he should not have to divide the money or give her anything because he’s the one that earned it. And as much as I understand that sentiment, I understand the frustration, I understand that when one works hard for their money, and then there comes a divorce, then you must share whatever savings you have from your hard-earned work labor for the money that you’ve earned.
However, because Nevada is a community property state, anything that you earn during your marriage whether it’s assets, such as homes, cars, boat, or debts, such as credit cards, personal loans, whatever that may be, anything earned during the marriage is going to be considered community property subject to equitable division upon a divorce.
Unfortunately, even though one of the parties might be working to support the family and the other party is not working, that non-working spouse is still contributing to the estate, to the family estate, by taking care of the children, taking care of the house, allowing the husband to work or the wife to work. And therefore, because of the laws in Nevada of community property, those earnings during the marriage are subject to equitable division upon a divorce.
I hope that this has clarified this. It does not matter if you are the only one working in your marriage. Anything earned during the marriage as far as income or anything else is going to be part of a community property that will be divided equitably upon a divorce. If you want to discuss this further with me, please go to vegasdivorcemeeting.com. I’ll be more than happy to sit down with you to discuss this further.
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