Question

Jack and Jill live in a community property state. Jill works full time and Jack stays home taking care of their children. What is the legal status of the earnings Jill makes that are used to purchase a new home?

A. Owned by Jill.

B. Owned by Jill subject to a one third interest Jack has.

C. Jointly owned by Jack and Jill.

D. Owned by Jill, Jack, and the children.

Answer

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