How many states are community property states? Name them.
What will be an ideal response?
Those states are Texas, New Mexico, Arizona, Nevada, California, Idaho, Washington, Louisiana, Wisconsin, and Alaska. The latter two states adopted the Uniform Marital Property Act (UMPA), which uses a community property standard. However, in Alaska, the use of community property by a couple is optional and the default standard is still separate property. In addition, the Commonwealth of Puerto Rico has a form of community property. It is important to note that more than 25% of the U.S. population now lives in a community property state.
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
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What will be an ideal response?
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