Question: A couple is going through the divorce process. Among other assets, they must divide the following: An automobile purchased during marriage $78,000 that was willed

A couple is going through the divorce process. Among other assets, they must divide the following:

  • An automobile purchased during marriage
  • $78,000 that was willed from an uncle to the wife during marriage
  • A $28,000 retirement fund that the husband accumulated during the marriage
  • A vacation home purchased during marriage but located in a neighboring state

Assume that the couple resides in a community property state. How would the assets be divided and why?

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