Family Code Flashcards
The Family Code
EO 209
The Family Code was published on ___, newspaper___
August 4, 1987
The Family Code Effectivity
August 3, 1988
Property relations shall be governed in the following order:
By marriage settlements (pre-nuptial agreement)
By the provision of this code
By the local customs
Future spouses may, in the marriage settlement, agree on the regime of:
Absolute Community of Property (ACP)
Conjugal Partnership of Gains (CPG)
Complete Separation of Property (CSP)
Any other regime (combination of the three)
Art. 76. In order that any modification in the marriage settlements may be valid, it must be ___
made before the celebration of the marriage
If there is no marriage settlement or when the regime agreed upon on is void, the system of ___ will govern
Absolute Community Property
is an act of liberality by which a person disposes gratuitously of a thing or right in favor of another, who accepts it
donation
For Donations by Reason of Marriage may be valid, the ff. requisites must be present
-Must be made before the celebration of marriage
-Must be made in consideration of the marriage
-Must be made in favor of one or both future spouses
if the spouses are governed by a regime other than ACP, they cannot donate to each other in their marriage settlements ___ of their present property. Any excess shall be considered void.
more than one fifth (1/5)
If the spouses are governed by ACP, there is ___ as to the extent of the donation the future spouses may give to one another before or in consideration of the marriage
no limit
ACP between spouses shall commence at the ___
precise moment that the marriage is celebrated
no waiver of rights, interests, shares, and effects of the ACP during the marriage can be made except in case of ___
judicial separation of property
what constitutes community property
all the property owned by the spouses at the time of the celebration of marriage or acquired thereafter, except those excluded in the Marriage Settlement
what are the properties excluded in ACP
*Property acquired during the marriage by gratuitous title by either spouse, and the fruits and income thereof, if any, unless it is expressly provided by the donor, testator, or grantor that they shall from part of the community property
*Property for personal and exclusive use of either spouse, except jewelry
*Property acquired before marriage by either spouse who has legitimate descendants by a former marriage, and the fruits as well as the income, if any, of such property