Jointly Acquired Asset Agreement
Harta sepencarian (or matrimonial property) is a property jointly acquired by both husband and wife during the subsistence of a valid marriage. Each spouse has his/her respective right over the property but the right must be claimed in court. Thus, in the event of any one of their deaths, the surviving spouse is entitled to claim her portion thereof from the deceased spouse’s estate before distribution in accordance with Faraid rules.
Harta Sepencarian Services at as-Salihin.
In some cases, beneficiaries may contest the ‘Harta Sepencarian Claim’ that has been made by deceased spouse. In order to avoid unpleasant family disputes that may arise thereby among the beneficiaries after the testator’s death, as-Salihin has prepared a document called a Jointly Acquired Asset Agreement as an instrument of distribution of Harta Sepencarian.
Advantages of a Jointly Acquired Asset Agreement
Mutual Agreement
Both parties can decide and agree upon the apportionment of distribution.
Rights of Both Spouses are Protected
Rights of both spouses are fully protected because what is agreed upon is incontestable.
Expedite Distribution
Expedite the distribution process as parties do not have to go to court to assert their claim.
Saving
Cost saving as without the agreement parties will have to go through court process to prove their contribution.
Not Contentious and Disputable
No dispute as it already records the agreement between the parties.
Convenient
Convenient and easy since the needs of all parties are fulfilled. as-Salihin prepares the Jointly Acquired Asset Agreement based on their mutual agreement.
Why Let Others Determine Distribution of Your Assets When You Depart?
You have the right to choose the administrator of your estate and its plan of distribution upon your demise.
