Study each of the following case. Answer the questions that follow with Yes or No. Community Property
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Study each of the following case. Answer the questions that follow with Yes or No.
Community Property Prior to their marriage, LeRoi and her husband, Pillsbury, each held substantial assets. During their marriage, they jointly purchased a home with the income they earned, and LeRoi inherited a substantial amount of money. After four years, they agreed to divorce. The marriage ceremony and divorce action were both in a state with community property laws.
a. Is the property owned by both husband and wife before marriage considered community property?
b. Is LeRoi’s inheritance considered community property?
c. Is the home considered community property?
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