From which point in time is the determination of family property assessed?

The determination of family property is assessed from the date of marriage to the date of separation. This timeframe is essential as it outlines the period during which the couple acquired assets and incurred debts that are considered family property. During marriage, any property obtained or wealth accumulated is generally deemed joint unless otherwise specified in a prenuptial or postnuptial agreement.

This approach aligns with the principle of equitable distribution, where courts aim to fairly divide marital property based on contributions and other factors. The date of separation serves as a pivotal moment marking the end of the marital partnership and the beginning of the division of property rights. By using the date of marriage to the date of separation, the assessment can comprehensively account for all assets accrued during the marriage, providing a balanced and equitable resolution in property matters upon dissolution of the relationship.