Anonymous

Difference between revisions of "Basic Principles of Property and Debt in Family Law"

From Clicklaw Wikibooks
Line 93: Line 93:
<blockquote><tt>spouses are both entitled to family property and responsible for family debt, regardless of their respective use or contribution</tt></blockquote>
<blockquote><tt>spouses are both entitled to family property and responsible for family debt, regardless of their respective use or contribution</tt></blockquote>


What matters know is ''when'' property was acquired &#151; was it before or during the spouses' relationship &#151; and ''how'' property was acquired &#151; was it bought with a spouse's excluded property or with shared family property?
What matters now is ''when'' property was acquired (was it before or during the spouses' relationship?) and ''how'' property was acquired (was it bought with a spouse's excluded property or with shared family property?).
 
 


====Transition Provisions====
====Transition Provisions====