In some states, husbands and wives hold property as______ property, which is all property acquired during the marriage (not including inheritances or gifts received by either party during the marriage).

Question

Quizplus · Accepted Answer

In states that recognize community property laws, property acquired during the marriage (excluding inheritances or gifts to one party) is considered community property, owned jointly by both spouses.

In Some States, Husbands and Wives Hold Property As______ Property