Are The Rules On Ordinary Partnership Applicable To The Conjugal Partnership of Gains?
Are The Rules On Ordinary Partnership Applicable To The Conjugal Partnership of Gains?
Are The Rules On Ordinary Partnership Applicable To The Conjugal Partnership of Gains?
Except in case of judicial separation of property, any waiver of rights, shares and effects of the
absolute community of property during the marriage can be made.
Are the rules on ordinary partnership applicable to the conjugal partnership of gains?
As a rule, yes, but only if not in what is expressly provided in the pertinent provisions of the
Family Code or by the spouses in their marriage settlements.
What are the exclusive property of each spouse?
(1) That which is brought to the marriage as his or her own;
(2) That which each acquires during the marriage by gratuitous title (through pure liberality, as in
donation and testate/intestate succession);
(3) That which is acquired by right of redemption, by barter or by exchange with property
belonging to only one of the spouses; and
(4) That which is purchased with exclusive money of the wife or of the husband.