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  • 4a-214. Community Property And Liabilities Schedule - New Mexico ... - Nmcompcomm

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4A-214. Community property and liabilities schedule. For use with Rule 1-123 NMRA STATE OF NEW MEXICO COUNTY OF JUDICIAL DISTRICT , Petitioner, v. No. , Respondent. COMMUNITY PROPERTY AND LIABILITIES.

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New Mexico is a community property state meaning that we look at the assets and the debts and allocate them in a way that makes sense to the parties and we try to divide the assets 50/50. It is also equitable distribution state though.

Cheating Can Sometimes Be Used as a Component of Child Custody, Visitation, and Timesharing Agreements. New Mexico family law courts view it as important for a child to spend equal amounts of time with each parent and have each parent contribute equally to their upbringing, to the extent possible.

New Mexico is a “community property” state and also an “equitable distribution” state. This means that marital assets and debts are generally split 50/50 between the spouses unless another division is agreed upon by the spouses.

New Mexico is a community property state. This means that any property that belongs to the marriage must be split equally between the spouses when they divorce. Likewise, all debts incurred during the marriage (with the exception of gambling debts) belong to both spouses equally.

Yes, New Mexico is considered a 50/50 custody state. The courts in NM generally prefer to award joint custody to both parents unless there are compelling reasons to do otherwise. Joint custody can be either physical or legal, or both. Of course, not all 50/50 custody arrangements are precisely equal.

New Mexico is a community property state meaning that we look at the assets and the debts and allocate them in a way that makes sense to the parties and we try to divide the assets 50/50. It is also equitable distribution state though.

In New Mexico, all property acquired during the marriage is considered community property and must be divided equally.

In a New Mexico divorce, there is a rebuttable presumption that all property that is acquired during marriage, with the exception of inheritances and gifts, is community property and is therefore subject to an equal division between the parties.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232