Question: Which statement is true under a community property system? The income or property rights of each spouse (or RDP) are determined based on that spouse's
Which statement is true under a community property system? The income or property rights of each spouse (or RDP) are determined based on that spouse's (or RDP's) individual contnbutions. A gift made to a married individual automatically belongs 50% to their spouse (or RDP). Married individuals are equally entited to all income eamed during the marriage, regardless of which spouso (or RDP) directly eamed the income. Property brought into the marriage becomes the equal property of each spouse (or RDP) once the marriage begins. Mark for follow up
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
