Decedent is a citizen of the Philippines and a resident of Quezon City. died leaving the following:
Question:
Decedent is a citizen of the Philippines and a resident of Quezon City. died leaving the following:
Rest house in Batangas inherited from his father during marriage: P2,500,000
Car received as gift from his mother before his marriage: 1,000,000
Commercial land received as gift from his mother before marriage: 5,000,000
Income from the commercial land: 500,000
Commercial building inherited by the surviving spouse during marriage: 1,500,000
Income from exclusive property of his spouse, during marriage: 200,000
Jewelry owned before the marriage: 300,000
Personal exclusive property of the surviving spouse: 100,000
Other properties at the time of her death: 1,000,000
Required:
Under the regime of conjugal partnership of gains, how much is the decedent's gross exclusive properties ?
How much is the gross conjugal properties ?
Under the regime of absolute community of property, how much is the decedent's gross exclusive properties ?
Using the same assumption in the preceding number, how much is the gross conjugal properties ?
Expert Answer:
Under the regime of conjugal partnership of gains the process of computing the decedents gross exclu... View the full answer
