Presumptions Flashcards
1
Q
1) General Presumption
A
All property acquired during marriage is presumed CP, rebuttable by tracing or agreement
2
Q
2) Form of title is not conclusive
A
Interest is key. Title in one spouse alone insufficient w/o more to overcome general presumption
3
Q
3) Married Woman
A
- Exception to form of title: Title in MW name alone (raise issue if see this) - presumed to be her SP (before 1975). This presumption applies to real and personal property
- Transfer to MW and her husband (named, but not designated as her husband): 3/4 to W, 1/4 to H, unless “as H and W” (because she gets 1/2 as all hers under the married woman’s presumption, but she also has a half interest in his as community property)
4
Q
4) Joint Title (effective Jan ‘87)
A
- At dissolution, property acquired in joint form presumed CP (e.g. joint tenancy)
- Rebuttable by writing , by express declaration
5
Q
5) Preemption
A
- Federal law may supersede California CP law (e.g. U.S. bonds, treasury notes, social security)
- Military not preempted
6
Q
6) Exchange Rule
A
Change in form does not alter the character of the property