What is community income?

Community revenue is generally a term used in the areas of community assets to refer to income obtained by one or both spouses during marriage. In the community property, both spouses together and equally own practically anything acquired during marriage. This means that it really does not matter who earns income, or if both spouses work; The couple has common rights to earned money, the rights to property obtained from them and can still have some right to income over the length of marriage.

There are several cases where the issue of community intake can become important. One of them occurs in a state of community assets if one of the spouses forbids or blocks the approach of the other spouse to income. According to the law, this is an illegal activity and the husband cannot participate in his income and hide it so that the other husband cannot reach it. It is permissible for the spouses to have separate bank accounts, but theoretically, every marriage should access the other's account.

Community revenues become a huge problem during divorce. In the state of community assets, all assets acquired in marriage are divided by 50/50, but another point of view is the support of children and spouses. The spouses may have the right to live according to the standards that lived in marriage, so the high intake of the community could propose maintenance of higher than the usual rates, even if the husband who accepted has never contributed to marriage.

The assets of the 50/50 assets may not be exactly even even if one of the spouses did not work. The ongoing income of the working spouse may be needed to invent maintenance or the support of the spouses. In addition, certain types of income above the payday may partly belong to each spouse. Pension accounts set up at work could be part of the community's intake and access to the thin mum could also be calculated by GS health insurance. She brings offThe husbands can even get part of the pension plans later, especially if they got married because retirement contributions were obtained in the marriage.

Usually there is only one way to try to make a different distribution of community revenue after divorce, which can be tested by people who make very large incomes. The creation of an airtight premarital agreement, which determines the exact percentage of income to which the spouse should be entitled after the divorce, can help change the way of distributing assets. A husband who does not earn so much money must decide whether such an agreement is just or fair, and should have the legal advice whether such a decision represents his best interests. It should also be noted that not all regions have community income laws and the claim of 50/50 cannot be expected everywhere.