Common Living Expenses a. Common Living Expenses incurred during the marriage shall be paid first from the liquid assets of the parties NOT classified as Separate Property under this agreement (i.e., from marital property, community property, or quasi-community property).
b. Those Common Living Expenses which cannot be paid from said liquid assets of the parties are to be paid from the Separate Property of the parties in the following percentages: % by and % by .
c. The term "common living expenses" means common expenses incurred by the couple in daily life such as food, home rental fees, condo fees, medical insurance, medical expenses, travel, entertainment, and home utility expenses. For any home which the parties either jointly owner or is otherwise NOT defined as Separate Property under this agreement, then the term "common living expenses" shall include taxes, insurance, property fees, and maintenance expenses related to that home.
d. The term "liquid assets" means cash, savings accounts, checking accounts, money market funds, brokerage accounts, cash equivalents, and other marketable securities.
Common Living Expenses a. Common Living Expenses incurred during the marriage shall be paid first from the liquid assets of the parties NOT classified as Separate Property under this agreement (i.e., from marital property, community property, or quasi-community property).
b. Those Common Living Expenses which cannot be paid from said liquid assets of the parties are to be paid from the Separate Property of the parties in the following percentages: % by and % by .
Common Living Expenses a. Common Living Expenses incurred during the marriage shall be paid first from the liquid assets of the parties NOT classified as Separate Property under this agreement (i.e., from marital property, community property, or quasi-community property).
b. Those Common Living Expenses which cannot be paid from said liquid assets of the parties are to be paid from the Separate Property of the parties in the following percentages--50% by Xxxxx Xxxxxx and 50% by Xxxxxx Xxxxx.
c. The term "common living expenses" means common expenses incurred by the couple in daily life such as food, home rental fees, condo fees, medical insurance, medical expenses, travel, entertainment, and home utility expenses. For any home which the parties either jointly own or is otherwise NOT defined as Separate Property under this agreement, then the term "common living expenses" shall include taxes, insurance, property fees, and maintenance expenses related to that home.
d. The term "liquid assets" means cash, savings accounts, checking accounts, money market funds, brokerage accounts, cash equivalents, and other marketable securities.
