Quasi-community property (QCP)

Question 1

Describe Quasi-community property (QCP)

Answer 1

QCP is all real or personal property, acquired by either spouse while domiciled in a non-CP state, which would have been classified as CP had the parties been domiciled in California at the time of acquisition.

Question 2

How is QCP classified until divorce or death?

Answer 2

the quasi-community property remains the separate property of the acquiring spouse.

Question 3

How is QCP classified At divorce or the death of the acquiring spouse?

Answer 3

for the purposes of creditors’ rights, quasi-community property is treated the same as community property.

Question 4

How is QCP classified On the death of the non-acquiring spouse?

Answer 4

The quasi-community property remains the separate property of the acquiring spouse.

Question 5

What is Quasi-marital property (QMP):?

Answer 5

QMP is property acquired during a void or voidable marriage, which would have been CP or QCP if the marriage had not been void or voidable. The property of a putative spouse is classified as QMP. QMP is treated the same as community property (CP) or quasi-community property (QCP).