Arizona is a community property state, which means that all property acquired during the marriage, inside or outside of Arizona is community property.  Generally, property that was owned by either Husband or Wife prior to marriage is that parties’ sole and separate property, with certain exceptions.  Additionally, property acquired by gift or inheritance is generally seen as the parties sole and separate property.  There are exceptions to these general rules and there are actions that a party can take during the marriage which will change the sole and separate property into community property.  You should seek legal advice from an attorney regarding your specific situation.

Just as all property is divided equally, all debts and obligations incurred by either Husband or Wife during the marriage is community debt.  Arizona divides the community debt equally.  There are a few exceptions to this general rule.

Udall, Shumway & Lyons, PLC has family law attorneys of all levels available to help people with their particular needs.  We have attorneys who deal with couples who have millions of dollars in assets and debts.  We have attorneys who can help people who may not have as many assets and debts, but who need the help in protecting their rights.