This type of ownership is created by the laws of nine states. Once you have lived as a married person in Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington or Wisconsin this type of ownership applies. Each spouse has the right to dispose of his or her interest upon death as desired. Property ownership is determined between spouses based upon the circumstances of the purchase. Property acquired during marriage is considered community property.
Exception is given to property received by one spouse as a gift or inheritance.
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