Marital Property

Personal property 

section 1471 Civil and Commercial Code consists of:

1. all property belonging to either spouse before marriage,

2. all property for personal use, dress or ornament suitable for station in life, or tools necessary for carrying on the profession of either spouse,

3. all property acquired by either spouse during marriage through a will or gift,

4. dowry

Marital property (jointly owned property between husband and wife

section 1474 Civil and Commercial Code consists of:

1. property acquired during marriage, (eg. money earned during the marriage and property bought from it)

2. property acquired by either spouse during marriage through a will of gift made in writing if it is declared by such will or document of gift to be jointly owned between husband and wife

3. fruits of personal property (eg. income in the form of rent from a personal asset)