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Property Rights

Property Rights

Pensions and Other Benefits

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Does a spouse have rights in the other spouse’s ‘career property’ and professional reputation ?

Property Rights Pensions and Other Benefits

Yes, according to a judgment by Tel Aviv District Court, which rejected an appeal against the family court’s ruling, and held that “career property” and professional reputation are property rights. When an investment in that property (in this case an accountant’s office) is made during the course of the marriage, the assumption of marital partnership should apply. This does not depend on whether the other spouse participated in the business. Accordingly, the setting of future payments from one spouse to another (not as maintenance) for the rest of his life, is a result of the joint property acquired by the career person during the marriage.

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