Incisive Legal Insights

Incisive Legal Insights

Getting Married? Consider the Accrual System

The accrual system determines that at dissolution of the marriage (through divorce or death), each party shares in the accrual (growth in assets) accumulated by the other as a fair mechanism to compensate both parties. Importantly, parties only share in the accrual or “net profit” of the other’s estate and not in any losses incurred.

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