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The flexibility in separating Assets and Behaviours can have its downfall.
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Options reportedly under consideration are setting up an independently run bad bank within RBS, separating toxic assets out into a bad bank or establishing a taxpayer backed bad bank into which RBS's toxic assets would be placed.
He went into business with Prokhorov in the early Nineties but now the two partners are separating their assets.
While traditionally considered separate assets, inherited assets can easily become marital property.
There, the funds will behave like separate assets that can be sold and sent elsewhere.
Transmutation can occur when separate assets are commingled with marital assets, such as in the example above, or when separate property is placed in the parties' joint names.
Most commonly, a prenup is drawn up to protect the spouse with greater separate assets from losing an unfair proportion of that wealth if the marriage should end.
So for a market cap less cash of $350 million, you can buy a stake in three separate assets that are very valuable.
Most commonly, a prenup is designed to protect the spouse with greater separate assets from losing an unfair part of that wealth in the event of a divorce.
For example, depositing inherited assets into a joint account, or using separate assets to purchase a jointly owned residence that benefits both spouses, are examples of comingling that can create marital property.
After all, even if Tesla stock goes to zero, and its bonds default to pennies-on-the-dollar, its factories and software repositories and human capital will all be there, and no Chapter 11 court or committee will be blind to the fact that they're worth far more as a coherent unit than they would be as separate assets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com