Matrimonial Property
/ˌmætrɪˈmoʊniəl ˈprɑːpərti/
Definitions
- (n.) Assets and liabilities owned by spouses during marriage subject to division upon divorce or death under marital property laws.
The court evaluated the matrimonial property to determine an equitable division between the spouses.
Forms
- matrimonial property
Related terms
See also
Commentary
Often distinguished by jurisdiction-specific rules; clear drafting of agreements can prevent disputes over what constitutes matrimonial property.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.