Page 87 - Important Provisions of The New Civil Code

Article 130. Upon the termination of the

marriage by death, the conjugal partnership

property shall be liquidated in the same

proceeding for the settlement of the estate of

the deceased.

If no judicial settlement proceeding is

instituted, the surviving spouse shall liquidate

the conjugal partnership property either

judicially or extra-judicially within six months

from the death of the deceased spouse. If upon

the lapse of the six-month period no liquidation

is made, any disposition or encumbrance

involving the conjugal partnership property of

the terminated marriage shall be void.