Chapter 34 Section 5 Question 4: Richard and Elizabeth, a married couple, live in a community...
Chapter 34 Section 5 Question 4:
Richard and Elizabeth, a married couple, live in a community property state. During their marriage, they save $500,000 from Elizabeth’s earnings. Richard does not work, but during the marriage, he inherits $500,000. If Richard and Elizabeth are divorced, how will their property be divided? Why?
Homework Answers
The property will remain with Elizabeth because the saving belongs to Elizabeth before or during the marriage. It is determined as separate property which belongs to only one spouse. The property which one spouse have before or during the marriage is remain with her only.
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Chapter 34 Section 5 Question 4:
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