Is It Possible to Have a Complete Separation of Property Between Husband and Wife?
In this post, one would be informed about the regime of separation of property between husband and wife. Is it really legal? How could this be availed by the spouses? To have a knowledge of it, this post is for you. Can the spouses select to have a separation of their properties? Yes, provided it is in accordance with law. What would the spouses do in order to have a separation of property regime? The spouses should execute a marriage settlement or pre-nuptial agreement stating, among others, that their property relation should be governed by the regime of separation of properties. What if the spouses do not have any marriage settlement or pre-nuptial agreement, could they agree to have a regime of separation of property? No. If the spouses do not have any marriage settlement or pre-nuptial agreement, their property shall be governed by the provisions on absolute community of property. What would be the remedy for the spouses ...