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:

    “For a good book has this quality, that it is not merely a petrification of its author, but that once it has been tossed behind, like Deucalion’s little stone, it acquires a separate and vivid life of its own.”
    —Caroline Lejeune (1897–1973)

    “It is clearly better that property should be private, but the use of it common; and the special business of the legislator is to create in men this benevolent disposition.”
    —Aristotle (384–322 B.C.)

    “I am beginning to suspect all elaborate and special systems of education. They seem to me to be built up on the supposition that every child is a kind of idiot who must be taught to think.”
    —Anne Sullivan (1866–1936)