Marital property is generally considered to be all property acquired by either party during the marriage, except for gifts, personal injury compensation, and inheritance. In community property states, each spouse is entitled to an undivided one-half interest in this property, regardless of who worked to obtain it. Depending on the circumstances, a court may order one party to hand over cash, property, or other assets to the other, or may order that certain property be sold and the proceeds divided. In addition to valuable marital property, courts are also required to assign marital debt in a divorce decree. And like marital property, marital debt is divided differently depending on the state. Many states only divide debt that was incurred to obtain shared marital property. In other states, all debt that was incurred during the marriage by either party is considered marital property, and will be divided by the court. In dividing the debt, courts consider many of the same factors as property, such as the debt’s purpose, who benefited from the debt, and who is in a better position to pay the debt after divorce.