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Community of Acquests and Gains: Each spouse owns an undivided half-interest in all property acquired during the marriage, except for property acquired by gift or inheritance during the marriage, which is separate property; or which traces to separate property acquired before the marriage, which remains separate property; or which is acquired during a period when the couple are permanently ...
[Calidore] boasted, had encouraged women to 'retain separate property'— ... a clear blow to coverture." [15] [a] Chernock claims that "as the historical accounts of the laws regarding women had indicated, coverture was a policy not just foreign in its origins but also suited to particular and now remote historical conditions."
A transmutation agreement is a postnuptial agreement that changes the character of the spouses’ property from community to separate, or vice versa. It may be used to change the character of property to be acquired in the future, as well as property that the spouses own at the time of the agreement.
In 1842, New Hampshire allowed married women to own and manage property in their own name during the incapacity of their husband, and Kentucky did the same in 1843. In 1844 Maine extended married women property rights by granting them separate economy and then trade licenses. Massachusetts also granted married women separate economy in 1844. [10]
Separate property systems are based on the premise that marriage is solely an interpersonal union Separate Property: All property, pre-marital or marital, is owned separately. (French: séparation de biens, Spanish: separación de bienes, Dutch: scheiding van goederen, koude uitsluiting, German: Gütertrennung, Italian: separazione dei beni)
Under a community property regime, depending on the jurisdiction, property owned by one spouse before marriage, and gifts and inheritances received during marriage, are treated as that spouse's separate property in the event of divorce. All other property acquired during the marriage is treated as community property and is subject to division ...
A corporation sole is a legal entity consisting of a single ("sole") incorporated office, occupied by a single ("sole") natural person. [1] [2] This structure allows corporations (often religious corporations or Commonwealth governments) to pass without interruption from one officeholder to the next, giving positions legal continuity with subsequent officeholders having identical powers and ...
The Act altered the common law doctrine of coverture to include the wife's right to own, buy and sell her separate property. [8] Wives' legal identities were also restored, as the courts were forced to recognize a husband and a wife as two separate legal entities, in the same manner as if the wife was a feme sole. Married women's legal rights ...
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