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Before getting your prenuptial agreements done inside the Philippines, it can be invaluable to understand the various regimes which may control the property relations of spouses in the country, as indexed inside the Family Code of the Philippines. The System of Absolute Community (or ACP - Absolute Community of Property) This regime is a “template” in Philippine marital property relations, meaning that if the spouses do not have a valid marriage settlement (or prenup) past to the marriage celebration, this system will automatically govern the property relations of the couple. This is certainly the template regime because it is more in keeping with Philippine custom and family unity, you have to visit this nice guide I've learned about annulment in the philippines. In the ACP, spouses become co-owners of all of the property they bring into the marriage and those acquired by each or both of them during the wedding, save for the exceptions expressly enumerated by legislation. During the dissolution of the wedding, the spouses or their heirs shall equally split the community assets and liabilities. The Conjugal Partnership of Gains (CPG) In this system, spouse and girlfriend destination within a typical investment the fruits of their individual property, and the income from their work, industry or by chance. Upon dissolution of the wedding, the net gains of the partnership shall be divided equally amongst the parties, unless a different way of division happens to be agreed upon by them in their prenuptial agreement. The Regime of Separation of Property (or CSP - Complete Separation of Property) Under this regime, the parties retain ownership, management and control of their separate property and those they get throughout the wedding, together with the fruits and accessions of the separate property. Each party is additionally wholly responsible for their liabilities. The spouses are merely necessary to contribute to the family expenditures proportionately with their income or value of his properties, you should check this great piece of content I have learned about annulment in the philippines. Following an understanding of the property regimes for spouses inside the Philippines, the marrying couple can today decide on the conditions they want to appear in their prenuptial agreement. Inside the prenuptial agreement, the future spouses might agree throughout the property regime of: Absolute Community of Property (ACP); Conjugal Partnership of Gains (CPG); Complete Separation of Property (CSP); A A combination of the above mentioned regimes; Any other regime, as long as it is not contrary to law, morals, good customs, public order or public plan.