If you are going to give each other gifts such as property, boat or car, this must be included in the marriage settlement in order to be valid. You need to register the marriage settlement to obtain legal protection for the gift. This does not apply to gifts that are regarded as ordinary, nor to gifts consisting of pensions, life insurance, life annuities or similar financial arrangements that secure the other spouse.
You may also agree on terms for the gift. The most common are the right of habitation, the right of use and the right of pre-emption. You cannot agree that the gift should be returned to the donor if the marriage ends.
If you are going to give property as a gift to your spouse, you must also register a new ownership with the Mapping Authority to obtain legal protection for the gift.
When you give each other gifts, it is the ownership of the gift that is given away. If the gift is not made the beneficiary’s separate property, the value of the gift will be part of the common property, which initially should be shared equally upon division.