Family patrimony is a mandatory legal concept allowing for an equitable financial sharing of certain assets accumulated during a marriage between spouses upon their separation.
Regardless of who the property owner is, the family patrimony consists of the following property owned by either spouse:
- The family’s residences;
- The furniture that furnishes or decorates these residences and that is used by the family:
- Motor vehicles used for family travel;
- Accumulated pension plan benefits (e.g., pension funds, RRSPs) during the marriage;
- Earnings registered during the marriage in the name of each spouse with the Régie des rentes du Québec.
- The family patrimony does not include property that has passed to one of the spouses by succession or gift before or during the marriage.
It is important to note that the family patrimony applies only to married or civil union spouses.
NB: Please note that this is a concise explanation for information purposes.
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