Marrying in Limited Community of Property KVK
Marrying in Limited Community of Property KVK
Marrying in limited
community of
property
Limited community of
property
Within the limited community of property, you
and your partner share everything you build up
from your wedding day: your possessions,
income, and debts. This applies to anyone who
marries from 1 January 2018 and does not draw
up a prenuptial agreement (huwelijkse
voorwwaarden). Did you get married before 1
January 2018? Then nothing will change for your
situation.
Avoid uncertainty
If you get married while you have your
own business (in Dutch), it is always
wise to draw up prenuptial
agreements. This way, you avoid any
doubt and uncertainty later on about
how to share the value, assets, and
any debts of your business. You also
make agreements about your pension
rights and whether or not to offset
savings.
Different assets
If you are married in limited community of
property, there are three assets:
Risks
There are disadvantages and risks for
entrepreneurs in marrying without a prenuptial
agreement. For example, it may be unclear who
owns what and how the income and/or value of
your business should be shared between you
and your partner if you get divorced, one of you
dies, or the business goes bankrupt.
Divorce
In the event of a divorce, your partner can claim
half the value of your business. Has your partner
contributed to the growth of your business? For
example, by working in the business or putting
their own money into it? Then your partner can
ask for additional compensation for this.
Disagreements about this can be avoided with
prenuptial agreements.
Prenuptial agreements
You do not have to marry in limited community
of property. You can also marry with a prenuptial
agreement. You and your partner can draw up
Feedback
Notary
To draw up a prenuptial agreement, you have to
go to a notary together. There you put down on
paper agreements about your possessions and
debts before, during, and after your marriage.
You indicate what is and is not joint property,
and how you will divide everything if you get
divorced or if one of you dies.
Reasonable compensation
Within a marriage, partners are required by law
to both contribute to the costs of the joint
household.
Advice
Whether you marry with or without a prenuptial
agreement: discuss together with your partner
what you want and expect from each other. If
you have any questions, contact a legal advisor
or notary.
Share
How
How would
would you
you rate
rate this
this article?
article? **
Also of interest
Jobs at KVK
Offices
Press
Stay informed
Business.gov.nl