Property Relations Instructions: Determine the classification of each proeprty shown below. Answer the questions found at...
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Property Relations Instructions: Determine the classification of each proeprty shown below. Answer the questions found at the bottom of the sheet. Date of Marriage: February 23, 2010 Property 8 Jewelry bought by husband using common property 9 Personal make-up set of wife #lol = laula 10 clothing and shoes of the husband Property inherited by the husband from his late grandfather who died during the year 2006 12 Rental Income earned from #11 13 Other Rental income earned by husband before marriage investment in stock acquired using the salary of the husband. earned before the marriage Value 214,000.00 ------- 10,000.00 80,000.00 95,000.00 100,000.00 50,000.00 12,000.00 Absolute Community of Property Exclusive Property Exclusive Property Community Conjugal Property of Gains Exclusive Property Exclusive Property Conjugal Property Relations Instructions: Determine the classification of each proeprty shown below. Answer the questions found at the bottom of the sheet. Date of Marriage: February 23, 2010 Property 8 Jewelry bought by husband using common property 9 Personal make-up set of wife #lol = laula 10 clothing and shoes of the husband Property inherited by the husband from his late grandfather who died during the year 2006 12 Rental Income earned from #11 13 Other Rental income earned by husband before marriage investment in stock acquired using the salary of the husband. earned before the marriage Value 214,000.00 ------- 10,000.00 80,000.00 95,000.00 100,000.00 50,000.00 12,000.00 Absolute Community of Property Exclusive Property Exclusive Property Community Conjugal Property of Gains Exclusive Property Exclusive Property Conjugal
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ANSWER Based on the information provided lets classify each property Jewelry boug... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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