spousal labor
spousal labor. Family law. Work by either spouse during the marriage. • This term is typically used in community-property states.
Search Results for: COMMUNITY-PROPERTY STATE
community property
community property. Assets owned in common by husband and wife as a result of its having been acquired during the marriage by means other than an inheritance or a gift to one spouse, each spouse generally holding a one-half interest in the property. • Only nine states have community-property systems: Arizona, California, Idaho, Louisiana, Nevada,
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community property
Assets owned in common by husband and wife as a result of its having been acquired during the marriage by means other than an inheritance or a gift to one spouse, each spouse generally holding a one-half interest in the property. • Only nine states have community-property systems: Arizona, California, Idaho, Louisiana, Nevada, New Mexico,
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split income
An equal division between spouses of earnings reported on a joint tax return, allowing for equal tax treatment in community-property and common-law states.