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Community Property • Essay Approaches
CPROP#001
Legal Definition
California is a community property state. There is a community presumption, wherein all assets acquired during the marriage are presumptively community property. There are areas of separate property, including property owned by either spouse before the marriage; property acquired by gift, will, or inheritance; property acquired during the marriage by expenditure of separate funds; and rents, issues and profits derived from separate property.
Plain English Explanation
First off, it is important to note that the answer for this card is the exact verbiage you write at the beginning of California community property essay question.
We will get into presumptions more in later cards and how they work. Writing this rule just lets the exam reviewer know that you've recognized the unique nature of the fact pattern and are prepared to acknowledge the complexity of community property and how it is treated differently.
We will get into presumptions more in later cards and how they work. Writing this rule just lets the exam reviewer know that you've recognized the unique nature of the fact pattern and are prepared to acknowledge the complexity of community property and how it is treated differently.
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