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lawguy we're nearly stats twins :D
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Simple English definitions for legal terms
antenuptial gift
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A quick definition of antenuptial gift:
An antenuptial gift is a present given to someone before they get married. It can be given by one spouse to the other or by someone else. It is different from a wedding gift, which is given on the day of the wedding. Other types of gifts include charitable gifts, which are given to help others, and completed gifts, which are given and no longer belong to the giver.A more thorough explanation:
Antenuptial Gift
An antenuptial gift is a gift of property given by one spouse to the other before marriage. It is also known as a prenuptial gift. The purpose of such a gift is often to preserve the property's classification as separate property in community-property states.
- John gives his fiancé, Sarah, a piece of land as an antenuptial gift before they get married.
- Emily gives her future husband, Michael, a valuable painting as an antenuptial gift to ensure that it remains her separate property in case of a divorce.
These examples illustrate how an antenuptial gift is a voluntary transfer of property from one spouse to the other before marriage. The gift is often made to preserve the property's classification as separate property in community-property states.