Legal Glossary
What does marriage out of community of property with the accrual system mean
Definition
A matrimonial property system in which spouses retain separate estates but share in the growth of their estates during the marriage according to the accrual system.
This is identical to a “marriage out of community of property” but the accrual system will be applicable. The accrual system is a formula that is used to calculate how much the larger estate must pay the smaller estate once the marriage comes to an end through death or divorce. Only property acquired during the marriage can be considered when calculating the accrual. The accrual system does not automatically apply and must be included in an ante nuptial contract.