What is true about property acquired by one spouse through gift or inheritance during the marriage?

Property that is acquired by one spouse through gift or inheritance during the marriage is classified as separate property. This means that it is owned solely by the spouse who received it and is not shared or jointly owned with the other spouse. The legal distinction of separate property from community property is important, especially in the context of divorce, as separate property typically remains with the individual spouse and is not subject to division in the same way that community property would be.

Community property, on the other hand, refers to assets acquired during the marriage that are deemed to be jointly owned by both spouses. Gifts and inheritances are not included in this category because they are considered personal and unique to the recipient. Additionally, while there may be some restrictions on the transfer or use of property depending on the jurisdiction and circumstances, the nature of the property itself as separate ensures that the inheriting spouse retains those assets distinctly from any community property that may exist.