What are considered Paraphernal property?

Paraphernal Property is property that solely belongs to either the husband or the wife only. Paraphernal Property is not part of the conjugal property or absolute community property.

What is considered conjugal property?

In a Conjugal partnership of gains, the conjugal property is the income or property generated by both spouses during the marriage. Each partner’s separate property remains theirs. In conjugal partnership of gains, only income and properties accumulated during the marriage are considered conjugal property.

What is an exclusive property?

Exclusive Property means real and personal property that is installed, used, and necessary for the operation of an exempt facility, and that is not auxiliary property unless the auxiliary property exempt cost equals or exceeds eighty-five per cent of the total cost of the property.

Which is a community property?

What Is Community Property? Community property refers to a U.S. state-level legal distinction that designates a married individual’s assets. Any income and any real or personal property acquired by either spouse during a marriage are considered community property and thus belong to both partners of the marriage.

What kind of property is paraphernalia property?

Paraphernal Property is property that solely belongs to either the husband or the wife only. Paraphernal Property is not part of the conjugal property or absolute community property.

When is paraphernal property not part of conjugal property?

Paraphernal Property is not part of the conjugal property or absolute community property. If the property regime of the husband and wife is complete separation of property, all properties brought and acquired by each of the spouses before and during the marriage belongs only to either the husband or the wife and not by both of them.

What are the fruits of a paraphernal property?

The fruits of a Paraphernal Property redounds solely to the owner thereof. Even if the fruits accrued during the marriage. Recovery of Real or Personal Property, Damages, etc… Others… All crimes as defense lawyer or private prosecutor.

Is it necessary to have a pre-nuptial agreement for paraphernal property?

If the property regime of the husband and wife is complete separation of property, all properties brought and acquired by each of the spouses before and during the marriage belongs only to either the husband or the wife and not by both of them. Is it necessary that there be a pre-nuptial agreement for Paraphernal Property to exist?