Matrimonial Regime - Separate Property Systems

Separate Property Systems

  • separation of property - all property, pre-marital or marital, is owned separately. (Fr séparation de biens, Sp separación de bienes, Du scheiding van goederen, Ger Gütertrennung, It separazione dei beni)
    • separation of property with equitable distribution - in instances of inequality between spouses, an underprivileged spouse may be awarded some of the dominant spouse's property by the courts.
  • accrual system (aka differed community of property) - marital property is owned separately during the marriage, but after marriage (divorce, death of a spouse), the net assets are lumped together as property in joint tenancy and divided. (Fr participation aux acquêts, Sp participación, Du aanwasbedeling, Ger Zugewinngemeinschaft, It partecipazione agli acquisti)

Read more about this topic:  Matrimonial Regime

Famous quotes containing the words separate, property and/or systems:

    “... there is no such thing as a rational world and a separate irrational world, but only one world containing both.”
    —Robert Musil (1880–1942)

    “As a man is said to have a right to his property, he may equally be said to have a property in his rights.”
    —James Madison (1751–1836)

    “People stress the violence. That’s the smallest part of it. Football is brutal only from a distance. In the middle of it there’s a calm, a tranquility. The players accept pain. There’s a sense of order even at the end of a running play with bodies stewn everywhere. When the systems interlock, there’s a satisfaction to the game that can’t be duplicated. There’s a harmony.”
    —Don Delillo (b. 1926)