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Marital Property Agreement
"I need a Marital Property Agreement to be executed before my wedding in March 2025, establishing a regime of separation of property, with specific provisions for my existing business assets and future inheritances."
1. Parties: Full legal names and details of both spouses, including their civil status and residences
2. Background: Details about the marriage (date, place) and reason for entering into the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Choice of Property Regime: Clear statement of the chosen property regime (e.g., separation of property, absolute community of property, or conjugal partnership of gains)
5. Separate Properties: Detailed provisions regarding properties considered as separate properties of each spouse
6. Common Properties: Provisions regarding properties considered as commonly owned
7. Administration of Properties: Rules and procedures for managing and administering both separate and common properties
8. Debts and Liabilities: Provisions regarding handling of debts and liabilities, both separate and common
9. Division of Income and Profits: Rules for dividing income, profits, and fruits from both separate and common properties
10. Dissolution Provisions: Procedures for property division in case of legal separation, annulment, or death
11. Governing Law: Specification that the agreement is governed by Philippine law
12. Execution: Formal execution clause, including notarization requirements
1. Business Interests: Specific provisions for handling business interests and professional practice, used when either spouse owns a business
2. Inheritance Provisions: Special provisions regarding inherited or inheritable properties, used when there are significant inherited assets
3. Foreign Assets: Provisions for handling properties located outside the Philippines, used for couples with international assets
4. Support Obligations: Provisions regarding financial support obligations, used when there are specific support arrangements
5. Future Property Acquisition: Provisions for classification and handling of properties to be acquired in the future, used for long-term planning
6. Dispute Resolution: Alternative dispute resolution mechanisms, used when parties want to avoid court proceedings
1. Schedule A - Inventory of Wife's Separate Properties: Detailed list and description of all properties exclusively owned by the wife prior to marriage or acquired during marriage through inheritance/gratuitous title
2. Schedule B - Inventory of Husband's Separate Properties: Detailed list and description of all properties exclusively owned by the husband prior to marriage or acquired during marriage through inheritance/gratuitous title
3. Schedule C - Inventory of Common Properties: Detailed list and description of all properties considered as commonly owned
4. Schedule D - List of Existing Debts and Liabilities: Comprehensive list of all existing debts and liabilities of both parties
5. Appendix 1 - Supporting Documents: Copies of property titles, business registrations, and other relevant documentation
6. Appendix 2 - Certificates of Ownership: Official certificates proving ownership of listed properties
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