DK konsult

Genuine Covenant On Combination Ownership

Combination ownership is the most popular form of special ownership, as it combines the best of divorce and completely peculiar ownership, so that you keep your respective assets in divorce, but that the longest-living spouse is taken into account, if one of you goes away.

What is combination special?

Combination pie is a mixture of divorcee and completely peculiar, where your respective assets are not divided by divorce or separation, while creating the most favourable conditions for the longest-living spouse should one go away.

That is, in such a situation, the deceased spouse’s wealth becomes a community of wealth, whereas the wealth of the longest-lived spouse becomes completely peculiar, so that the longest-lived resident retains all his wealth. The fact that the deceased’s wealth becomes a community of wealth means that it is divided equally, so that one half is distributed between any life heirs and the surviving spouse, while the other half goes exclusively to the surviving spouse.

Combination ownership thus acts as a divorce by divorce or separation and as completely peculiar by death, which is the reason for its popularity.

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Therefore, you must make combination special ownership

As spouses, you automatically get what is called wealth community – also called sharing wealth or joint ownership – when you get married. Wealth means that you must, as a starting point, share all your belongings if you get divorced or if one goes away.

 

What is the consequence of combination ownership?

Do you want not wealth community in your marriage, you can choose to enter into a marriage covenant on combination ownership. It will mean that you do not have to share your belongings if you are separated or divorced. If, on the other hand, one spouse goes away, the wealth of the longest-lived will become completely peculiar, while the deceased spouse’s wealth will become a community of wealth and thus must be shared. This means that the surviving spouse will receive more than if no marriage covenant on combination ownership had been made.

 

When should you choose combination ownership?

There are some situations where it would be advantageous to make a marriage with combination special ownership ( forward for one marriage of completely peculiar):

  1. If you want to secure each other in case one spouse dies at death.

  2. If one spouse has a significantly larger fortune than the other and you do not want to share the assets in the event of a divorce or divorce.

The marriage covenant of combination ownership provides good protection for you – both if you get divorced or if one of you goes away. This is why the combination sieve is the most widely used form of special ownership in Denmark.

How to make the combination special property valid

  1. Make your marriage covenant for combination ownership. Once you have paid for the document, you will immediately have access to your marriage contract.
  2. Sign your marriage with NemID or MitID
  3. Get DKkonsult to do it for you quickly and easily with our registration service for 499DKK , or do it yourself. Land registration of marriages always entails a registration fee to the public of DKK 1,850.

Get started today by pressing ‘ Order Genuine Covenant On Combination Ownership now ’ below.

 
Order Genuine Covenant On Combination Ownership now