Community Property
The body of law in Arizona which creates a presumption that property and debt acquired during a marriage belongs to both parties and require such property and debt to be divided equitably during a A.R.S. §25-211: “All property acquired by either husband or wife during the marriage is the community property of the husband and wife except for property that is: (1) acquired by gift, devise or descent (2) acquired after service of a petition for dissolution…” Community Property also includes pensions, benefits, stock plans, accrued vacation, deferred compensation, frequent flier miles, publishing rights, copyrights, patents, or anything else of value acquired during the marriage.
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