500
Find the true statement:
*In community property jurisdictions, conduct during the marriage is never considered by the courts.
*It has been adopted in a majority of the states.
*A primary advantage of the community property system is that upon the death of one of the spouse’s, the other spouse receives a “double step-up” in basis of the property received as a result of the deceased spouse’s death.
*In jurisdictions where community property law governs division of property upon divorce, the laws are identical state-to-state.
What is a primary advantage of the community property system is that upon the death of one of the spouse’s, the other spouse receives a “double step-up” in basis of the property received as a result of the deceased spouse’s death?