The best states to get divorced in if your spouse is much richer than you
If your partner is the breadwinner, you'll be better off post-divorce in states that observe community property law, where a 50/50 split applies to your marital estate.Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin (and Alaska by opt-in agreement) are community property states.
So if your partner has been earning six figures for the entirety of your 10-year marriage and you have earned significantly less - perhaps your industry isn't high-paying or you chose to forgo a career to care for young children - you'll more than likely be better off post-divorce if you live in a community property state, where your spouse's wealth is considered joint property in a marriage.In contrast, in the other US 41 states, a marital estate is made up of assets acquired under each spouse's name; they're not technically considered joint, or community, property (unless both names are on the deed or the asset is dependent children). Upon divorce, the assets are divided "fairly" at a judge's discretion, taking into account each person's earning potential or income, financial needs, contributions, and personal assets, rather than simply splitting it 50/50.
To protect personal assets in either case, couples can set up a prenuptial agreement, which establishes terms for a division of assets in the event of a divorce.Check the map below to find out if the state you live in observes equitable distribution or community property law.
Andy Kiersz/Business Insider
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