Most married couples will, throughout the course of the marriage, exchange any number of gifts with each other. Gifts such as jewelry, clothing, cars, etc., are considered articles of a personal nature intended to be used solely or principally by the receiving spouse, and for the most part have no legal significance. If the parties were to later divorce, all such gifts would become the separate property of the receiving spouse.
Read MoreFew people realize that once they’ve made the difficult decision to file for divorce, there is another decision they need to make: which process of divorce to engage in – adversarial litigation, or Collaborative Divorce.
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