Money Guru: Who Has The Right On The Property Of The Woman After Marriage? What is Married Womens Protection (MWP) Act?

Husband has no right on wife's earnings and investments. The husband has no share in any earnings of the woman. The woman has the right on the gift received by the woman on marriage. A woman can give a gift to anyone according to her wish. The consent of the husband is not necessary in the decision of this property. The policy of a married man will be treated as a trust. The life insurance of the woman will be considered as her personal property: Pankaj Mathpal, MD, Optima Money.

Updated on: July 15, 2022, 09.18 PM IST
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