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→What is family property?
#other personal property.
Most importantly, family property also includes the increase in value of excluded property during the spouses’ relationship, beginning either at the date the spouses began to live together or the date of their marriage, whichever is first. Say, for example, that a house had equity of $100,000 when a relationship started , and equity of $150,000 when it ended. The spouse who owns the house would keep the $100,000 the house was worth at the beginning of the relationship as excluded property, and each of them would share the $50,000 in growth as family property.
===What is family debt?===