Total Joint Marital Property

Property acquired by the couple during the marriage is their joint property, except in cases where the marriage contract stipulates otherwise. Source: supermodel. That property, which was owned by one spouse before marriage, as well as a gift or inherited by one spouse during the marriage is recognized only by his personal property. However, if the property owned by one of spouses before marriage, has been greatly improved during their cohabitation (eg, one-story house was rebuilt in a three-story), it can be recognized by the court and the joint property of spouses. It is important to remember that "Marital" does not mean "shared earnings." Even if one spouse during the marriage action did not work, and engaged in child rearing or housekeeping, you still have the same right to the overall joint property, as well as to work and earn a spouse. It should be noted that the regime of joint ownership only applies to relations arising after the official registration marriage in the registry office.

If a man and woman who live together but do not rush to formalize their relationship, then there is a so-called. "Civil marriage" to prove the existence of joint ownership of the purchased items at this time almost impossible – the property will belong to someone who actually bought it. So the official marriage has not only symbolic but also very strong financial foundation. Sometimes there are problems with proving the property belonging to one of the spouses before marriage. Therefore, in some situations it makes sense to make a prenuptial agreement, which will be transferred valuable property each of the spouses, as well as the rules that will be the division of property upon divorce. If there is no marriage contract, all marital property (with the exception of donated and inherited) will be divided half.