SCh6 Community Property Flashcards by Ken Matthews | Brainscape

Q

What type of the estate is community property in Texas?

A

Statutory

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Q

Is all property acquired after marriage whether purchased or earned jointly owned by husband and wife?

A

Yes

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Q

Is income on separate property considered community property?

A

Yes

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Q

Is an increase in value of separate property considered community property?

A

No

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Q

Do community rights accrue once community efforts, credit, or funds are used to increase the value of the property?

A

Yes

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Q

How can a spouse waive community property rights?

A

Written agreement

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Q

What is the definition of property acquired prior to marriage, or during marriage by inheritance or gift?

A

Separate property

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