Upload
anne
View
327
Download
3
Embed Size (px)
Citation preview
ACP CPGMAIN DISTINCTIONS All the properties owned by the spouses at the time of
marriage become community propertyEach spouse retains his/her property before the marriage and only the fruits and income of such properties become part of the conjugal properties during the marriage
Upon dissolution and liquidation of the community prop what is divided equally between the spouses or their heirs is the net remainder of the properties of the ACP
Upon dissolution of the partnership, the separate prop of the spouses are returned and only the net profits of the partnership are divided equally between the spouses of their heirs
CONSTITUTES all the property owned by the spouses at the time of the celebration of the marriage or acquired thereafter
1. Fruits of conjugal, net fruits of separate property
2. Occupation hunting or fishing3. Livestock in excess4. Acquired w/ conjugal funds5. Hidden treasure6. Labor, industry, work, profession7. Chance
EXCLUDED 1. Property & its fruits/income before marriage who has legitimate descendants from former marriage
2. Exclusive & personal use except jewelry3. Property, its fruits & income from gratuitous title
1. Brought into marriage as own2. Gratuitous3. Redemption, barter, exchange4. Exclusive money of spouse
CHARGES 1. Debts & obligations w/o consent to extent family benefitted
2. Debts & obligations w/ consent3. Taxes, liens, charges & expenses on community property4. Support of spouses, common children, legitimate children
of either spouse5. Expenses for litigation6. Ante-nuptial debts rounded to benefit of family7. Expenses for preservation of separate property if used by
family8. Expenses for professional or vocational course9. Other ante-nuptial debts, support for illegitimate children,
liabilities for crime10. Donated to common legitimate children for
professional/vocational/self-improvement
1. Debts & obligations w/o consent to extent family benefitted
2. Debts & obligations w/ consent3. Taxes, liens, charges & expenses on
community property4. Support of spouses, common children,
legitimate children of either spouse5. Expenses for litigation6. Ante-nuptial debts rounded to benefit of
family7. Expenses for preservation of separate
property if used by family8. Expenses for professional or vocational course9. Donated to common legitimate children for
professional/vocational/self-improvement
TERMINATION 1. Death of spouse2. Legal separation decree
3. Annulment or nullity declaration4. Judicial separation of property
DISSOLUTION 1. Inventory of all property2. Pay debts & obligations3. Return remainder of separate properties of spouses4. Divide equally net remainder of ACP5. Deliver presumptive legitimes6. Adjudicate conjugal dwelling & custody of children
1. Inventory of all property2. Credit amounts advanced by CP for
payment of personal debts & obligations3. Reimburse for use of exclusive funds4. Pay debts & obligations5. Return remainder of separate properties
of spouses6. Indemnify loss of deterioration of
movables7. Divide equally net remainder of ACP8. Deliver presumptive legitimes9. Adjudicate conjugal dwelling & custody of
children