contestada

Jean and Joanne are RDPs residing in and domiciled in California. They each have separate jobs in which they earn their own wages. In addition to wage income, they share equal ownership in a rental property located in Manhattan Beach, CA, from which they earn a substantial amount of rental income during the year. Their community property status would come to an end in any of the following situations except: a) The RDPs physically separate with no immediate intention

Respuesta :

nalleitenw

The correct answer is The couple moves out to a non-community property state.

Explanation:  Among these options this would be the only one that would result in an end of status, as they would be moving to another community where the system is not the same as it is now.

sholanejo

Question Options:

1) The decree of dissolution or termination of registered domestic partnership becomes final.

2) The death of either RDP.

3) The RDPs physically separate with no immediate intention of reconciliation.

4) The couple moves out of California to a non-community property state.

Answer: The couple moves out of California to a non-community property state.

Community property are properties acquired by spouses during marriage. Gifts and inheritance that are jointly owned are not classified as community property.

Community property status does not end when marital partners move out of a community property state. Community property retains its characterization when the couple moves from the community property state to a non-community property state.

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