Legal Definitions - acquest

Definition: Acquest (pronounced uh-kwest) is a legal term that refers to property that is acquired by purchase, gift, or any means other than inheritance. It is often used to describe property that is acquired during a marriage and is presumed to be community property.

Examples:

• When John and Jane got married, they both agreed that any acquest they acquired during their marriage would be considered community property.
• The couple's lawyer advised them to keep track of all their acquests so that they could divide their assets fairly in case of a divorce.

These examples illustrate how acquest is used to describe property that is acquired during a marriage and is presumed to be community property. It is important for couples to understand the legal implications of acquest and to keep track of their assets to ensure a fair division in case of a divorce.