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I.
The intended husband and wife shall be separate in
property, therefore, neither of them shall be liable for the
debts contracted by the other, either before or during their
marriage;
The intended wife shall have the free and exclusive
enjoyment of her separate property, and the full
administration thereof, without the assistance of her
husband.
II.
All property and effects of the said husband and wife,
whether owned by him or her at the time of the celebration
of said intended marriage, or acquired during said marriage,
are hereby declared to be separate property, and that of the
wife, separate and paraphernal property, and they and each
of them do hereby expressly reserve to themselves
individually the entire administration of their respective
particular movable and immovable property, and the
respective free enjoyment of each of their revenues.
On February 2, 2000, the marriage contract was “filed for
registry” in the conveyance records of Jefferson Parish,
Louisiana.
D. The Plumbing Business
Michael generally worked alone in the plumbing business. If
he needed help, then he hired independent contractors. Sandra
handled all the bookkeeping for the plumbing business. She wrote
out the invoices and mailed them to customers, paid the bills,
organized the records, did the banking, and submitted figures to
petitioners’ C.P.A. for use in preparing petitioners’ tax
returns. The plumbing business was on the cash basis for 1994
and 1995. Sandra computed gross income for the years in issue by
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Last modified: May 25, 2011