Is Rhode Island a Community Property State? FAQs

is rhode island a community property state

Is Rhode Island a Community Property State? FAQs

Rhode Island follows an equitable distribution mannequin for marital property in divorce proceedings. Because of this belongings and money owed acquired through the marriage are topic to truthful division, not essentially a 50/50 cut up. The court docket considers varied components, such because the size of the wedding, every partner’s contributions, and their respective financial circumstances, to find out what constitutes an equitable consequence.

The system employed in Rhode Island gives flexibility and goals for a simply decision tailor-made to every couple’s distinctive state of affairs. It permits for consideration of non-financial contributions, comparable to homemaking and childcare, which will not be readily quantifiable however considerably affect the marital property. This method differs considerably from neighborhood property states the place most belongings acquired throughout marriage are robotically thought of collectively owned, no matter particular person contributions.

Read more