LA Notary Matrimonial Regimes and Community Property 2

Question 1

Under Louisiana's default matrimonial regime, which of the following is classified as community property?

Accepted Answer

Earnings from employment during the marriage

Answer

Property inherited by one spouse during the marriage

Answer

Property donated to one spouse individually

Answer

Damages for personal injury of one spouse

Question 2

What is a matrimonial agreement in Louisiana law?

Accepted Answer

A contract between spouses or prospective spouses that modifies or establishes their matrimonial regime

Answer

A prenuptial agreement only

Answer

A divorce settlement

Answer

A child custody agreement

Question 3

Under Louisiana law, what happens to community property when spouses divorce?

Accepted Answer

It must be partitioned equally between the spouses

Answer

It automatically goes to the spouse who earned more

Answer

The court awards all property to the custodial parent

Answer

Each spouse keeps whatever they physically possess

Question 4

Can one spouse unilaterally donate community property to a third party under Louisiana law?

Accepted Answer

No, a donation of community property requires the concurrence of both spouses

Answer

Yes, either spouse can freely donate community property

Answer

Only the husband can donate community property

Answer

Only donations under $5,000 can be made unilaterally

Question 5

What is separate property under Louisiana's community property regime?

Accepted Answer

Property acquired by a spouse before marriage, or during marriage by donation or inheritance, or by exclusive separate funds

Answer

Property owned by a single person who is not married

Answer

All property titled in one spouse's name only

Answer

Property in a separate bank account

Question 6

Under Louisiana law, what is a judicial separation of property?

Accepted Answer

A court action by one spouse to terminate the community regime during the marriage due to the other spouse's mismanagement

Answer

A legal separation preceding divorce

Answer

Division of property after death

Answer

A property tax exemption for separated couples