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Spousal Waiver
"I need a Spousal Waiver drafted for a high-net-worth couple where Wife is waiving all rights to Husband's family business assets and future inheritance, but maintaining rights to their jointly owned residential property in Mumbai."
1. Parties: Identification of both spouses including full legal names, addresses, and marriage details
2. Background: Context of the agreement, including date of marriage/separation and reason for the waiver
3. Definitions: Key terms used throughout the document including 'Matrimonial Property', 'Separate Property', 'Maintenance', etc.
4. Purpose of Agreement: Clear statement of the intent to waive specific rights and claims
5. Rights Being Waived: Detailed enumeration of all rights, claims, and interests being waived
6. Acknowledgment of Independent Legal Advice: Confirmation that both parties have received independent legal counsel
7. Full and Final Settlement: Statement that this agreement represents complete settlement of all claims
8. Governing Law: Specification that Indian law governs the agreement
9. Severability: Provision stating that if any part is invalid, the rest remains enforceable
10. Execution: Signing and witnessing requirements
1. Maintenance Waiver: Specific waiver of maintenance rights - used when parties wish to explicitly waive maintenance claims
2. Property Division: Detailed division of property - used when specific assets need to be addressed
3. Future Inheritance Rights: Waiver of future inheritance rights - used when parties want to ensure complete separation of estates
4. Mutual Release: General release of all claims - used for complete separation of financial interests
5. Confidentiality: Privacy provisions - used when parties wish to keep terms confidential
6. Dispute Resolution: Mediation/arbitration procedures - used when parties want to avoid court proceedings
7. Amendment Procedure: Process for modifying the agreement - used for complex arrangements that might need future adjustment
1. Schedule A - Assets and Liabilities: Comprehensive list of all assets and liabilities being addressed
2. Schedule B - Property Details: Specific details of immovable properties involved
3. Schedule C - Financial Accounts: List of bank accounts, investments, and financial instruments
4. Appendix 1 - Legal Advice Certificates: Certificates from lawyers confirming independent legal advice
5. Appendix 2 - Asset Valuations: Professional valuations of significant assets
6. Appendix 3 - Supporting Documents: Marriage certificate, property documents, and other relevant supporting documentation
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