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Shifting assets and compensation rights

Shifting assets and compensation rights

During relationships, wealth shifts quickly occur. This happens when purchasing a home, remodeling, or paying off a money loan, for example. By mixing assets, a right to compensation can arise. Compensation rights can arise between private assets (cohabitants) or between private assets and a matrimonial community of property (registered partner and marriage).

Before and after Jan. 1, 2012, compensation rights in married and registered partners are valued differently. This valuation is regulated by law but you may deviate from it by mutual agreement. It is important to know how this is regulated by law, because this can have major and very undesirable consequences, for example in the case of interim mortgage repayments.

You can agree together in a private agreement in addition to the cohabitation agreement, prenuptial agreement or prenuptial agreement how you want to arrange this if necessary.

It is best to discuss these matters before or during the relationship and record mutual intentions. A relationship always ends, whether through divorce or death. Such a moment is difficult enough and it is good if things are well established. This prevents arguments or legal disputes.

Categories : Tripost
Barbara Spauwen
Barbara Spauwen
Author

Barbara is verbonden aan Tripolis als senior consultant financial planning.

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