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Marital property: division of property in the event of divorce or death of one of the spouses

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Миколаєнко Олена
Lawyer
Ukraine / Kyiv
Миколаєнко Олена

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Publication date: 26.05.2024

Lawyer with 15 years of legal experience, specialization: family and civil law, inheritance, contract law, criminal cases, administrative cases, cases involving foreigners, migration law

Family law, which deals with the division of property in the event of divorce or death of one of the spouses, is an important area for many people. This article examines the issues of marital property and its division in various situations.

The concept of marital property

Marital property refers to property acquired during the marriage, including real estate, movable property, financial assets, etc. Regardless of whose name the property is registered in or who is the actual owner, it may be recognised as marital property.

Division of property in the event of divorce

In the event of a divorce, property is subject to division in accordance with the applicable law on the division of marital property. This usually means the division of property equally between the spouses or under other conditions determined by agreement of the parties or by a decision of the competent authority.

Division of property in the event of the death of one of the spouses

In the event of the death of one of the spouses, inheritance law determines the further fate of the marital property. This usually involves the transfer of property to the heirs in accordance with the inheritance provided for by law or under the conditions specified in the will.

The importance of legal advice

Given the complexity of these issues, it is recommended that you seek legal advice on family law and property relations from qualified lawyers. This will help to avoid possible conflicts and ensure a fair distribution of property. Division of property between spouses, division of property after divorce, how property is divided after divorce, division of property property, division of common property of spouses. 

Peculiarities of property division in different countries

The legislation on the division of marital property may differ from country to country. For example, some European countries apply a system of property division based on the principle of equity, while other countries may have other approaches, such as a system of property division based on the principle of equity or a system of property division based on a pre-arranged agreement between the parties.

The importance of proper documentation

In many cases, the correct execution of documents, such as prenuptial agreements or wills, can simplify the process of property division and ensure that the parties fulfil their desired terms. Therefore, it is worth considering consulting with lawyers to prepare such documents.

Consideration of specific cases in court

In cases of disputes over the division of property, the court may decide on these issues based on the specific circumstances of each case. In doing so, the court may take into account factors such as the length of the marriage, the contribution of each spouse to the property, and the needs and interests of the children (if any).

In general, the division of marital property is a complex process that can vary depending on many factors. In order to ensure fairness and protect the rights of the parties, it is important to comply with the requirements of the law and, if possible, obtain professional legal assistance.

Висновок

Marital property is subject to division both in the event of divorce and in the event of the death of one of the spouses. Compliance with the law and obtaining legal advice can help resolve these issues without unnecessary difficulties and conflicts.
 

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