Law

In case | Is private money the common property of both husband and wife?

2022-10-10   

Case Xiaoming and Xiaohong prepare to divorce by agreement due to their incompatibility. During this period, Xiaohong learned that Xiaoming had saved more than 30000 yuan of "private money" during his marriage, which was all Xiaoming's gains from stock speculation. Xiao Hong thinks that the money belongs to common property and asks for division. Is Xiao Hong's request legal? It is legal to speak in terms of cases. Article 1062 of the Civil Code stipulates that the following property acquired by husband and wife during their marriage relationship shall be the joint property of husband and wife and shall be jointly owned by them: (1) wages, bonuses and remuneration for labor services; (2) Income from production, operation and investment; (3) Income from intellectual property; (4) Property inherited or donated, except as provided for in Item 3 of Article 1063 of this Law; (5) Other properties that should be jointly owned. Husband and wife have equal rights to dispose of their common property. (Liu Xinshe)

Edit:Yi Bing Responsible editor:Wei Li Bin

Source:people.com.cn

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