Common use of Separate Property Clause in Contracts

Separate Property. Except as otherwise provided in this Agreement, the following property now owned or later acquired by either party shall remain and be their separate property: - All property, including real or personal property, the income from such property, and the investments and re-investments of such property; and, - All property acquired by either party by gift, devise, bequest, or inheritance. The property currently owned by each party is described on Exhibits A and B to this Agreement, which by this reference are incorporated into this Agreement. Such separate property of each party shall be subject exclusively to that party's own individual use, control, benefit and disposition. Neither party shall, before or after the contemplated marriage, acquire for himself or herself individually, nor for his or her assignees or creditors, any interest in the separate property of the other party, nor any right to the use, control, benefit, or disposition of such property.

Appears in 13 contracts

Samples: Prenuptial Agreement, Prenuptial Agreement, Prenuptial Agreement

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