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    ACP CPG Problem For PFR Compre Final

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    Joice Barandon
    Malan Dy's first marriage to Kray Sy was annulled due to Sy's incurable STD. Dy later married Malou Wang. After 14 years of marriage, they filed for legal separation and division of property. The document then lists the inventory of properties owned by each spouse before and during the marriage, including real estate, vehicles, investments, inheritances, gifts, and other assets. It concludes by asking to compute the exclusive and community properties of the marriage under ACP and CPG regimes.

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    ACP CPG Problem For PFR Compre Final

    Uploaded by

    Joice Barandon
    52 views1 page
    Malan Dy's first marriage to Kray Sy was annulled due to Sy's incurable STD. Dy later married Malou Wang. After 14 years of marriage, they filed for legal separation and division of property. The document then lists the inventory of properties owned by each spouse before and during the marriage, including real estate, vehicles, investments, inheritances, gifts, and other assets. It concludes by asking to compute the exclusive and community properties of the marriage under ACP and CPG regimes.

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    Tax 2

    Original Title

    ACP CPG Problem for PFR Compre Final

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    Malan Dy's first marriage to Kray Sy was annulled due to Sy's incurable STD. Dy later married Malou Wang. After 14 years of marriage, they filed for legal separation and division of property. The document then lists the inventory of properties owned by each spouse before and during the marriage, including real estate, vehicles, investments, inheritances, gifts, and other assets. It concludes by asking to compute the exclusive and community properties of the marriage under ACP and CPG regimes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    52 views1 page

    ACP CPG Problem For PFR Compre Final

    Uploaded by

    Joice Barandon
    Malan Dy's first marriage to Kray Sy was annulled due to Sy's incurable STD. Dy later married Malou Wang. After 14 years of marriage, they filed for legal separation and division of property. The document then lists the inventory of properties owned by each spouse before and during the marriage, including real estate, vehicles, investments, inheritances, gifts, and other assets. It concludes by asking to compute the exclusive and community properties of the marriage under ACP and CPG regimes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Sometime in 1995, Michael Antonio Luis Andres (“Malan”) Dy’s marriage with Kray Sy got annulled at the

    Quezon City RTC Branch 45 under Judge Ger. Malan Dy’s marriage was annulled due to Kray Sy’s
    incurable STD. Their properties were separated based on the marriage settlement they signed prior to their
    marriage in 1990.

    After few years of being single, Malan met Malou Wang. Boy meets girl, fell in love with each other, and
    then eventually got married in 2001. They had their share of “kalandian” and after 14 years of tumultuous
    marriage, they filed for legal separation and separation of their properties.

    The following are the inventory of properties and expenses within and outside of the Philippines:

     House and lot in Greenhills as part of the marriage settlement between


    Malan and Kray 8,000,000
     Sports car owned by Malan prior to his marriage with Kray 3,500,000
     Mang Ronald’s (MangRo) shares of stocks at current market value,
    2,000 shares at P50 par value acquired for P125,000 160,000

     Cash owned by Malan before the marriage with Malou 5,000,000


     Real property inherited by Malan from his Tita Flamie during
    marriage with Malou 6,000,000
     Personal property received by Malou as gift before the marriage 400,000
     Property acquired by Malan with cash owned before the marriage 600,000
     Clothes owned by Malan, purchased with the exclusive
    money of Malou 500,000
     Jewelry purchased with the exclusive cash of Malan 1,000,000
     Property unidentified when and by whom acquired 1,200,000
     Cash income during the marriage 2,000,000

     Family home in BGC acquired by Malan and Malou during marriage 3,800,000

     Real property brought into marriage by Malou located in Cebu City 500,000
     Income of real property in Cebu City 40,000
     Real property in Tacloban brought into marriage by Malan 400,000
     Income of real property in Tacloban 30,000
     Tangible personal property in Ormoc City, acquired through succession by
    by Malan before marriage 100,000
     Income from inherited property in Ormoc City 15,000
     Intangible personal property in Taiwan, acquired by Malou through succession
    before marriage from her deceased Aunt Consuelo "Cons" Ty 600,000
     Income of personal property in Taiwan 90,000

     Retirement benefits received by Malan 4,000,000


     Property at Ayala Premier purchased by Malan in 1999 with contract
    to sell, payable in 10 years at P40,000 equal monthly installments, the
    property was fully paid in 2009 and transferred in the name of Malan 4,800,000

     Debts and obligations incurred by Malan without the consent of Malou,


    proceeds of which were used by Malan for his adventures 1,000,000
     Debts incurred by Malou for payment of tuition fees of their children 2,000,000
     Repairs and maintenance expenses of their family home 550,000
     Loan with BPI incurred by Malan, without the consent of Malou, used
    for the payment of renovation expenses of their family home 1,500,000
     Educational expenses of Boomby, Malan’s son with Kray, paid by Malan
    from his salaries 800,000

    Compute the exclusive and community properties under the Absolute Community of Property (ACP) and the
    Conjugal Partnership of Gains (CPG).

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