separate property
- Assets entirely owned and controlled by one spouse in a marriage, typically including property obtained before marriage, gifts, inheritance, or assets mutually agreed to be separate
- After their divorce, his antique book collection was deemed separate property as it was inherited from his father.
- She retained her jewelry as separate property since it was a gift from her mother before her marriage.
- The couple agreed to consider their individual savings account as separate property for the event of a possible separation.
Provide Feedback