Existing assets are valued according to their condition at the time of the dissolution of the matrimonial property regime and according to their value on the day of its liquidation. Assets that have been alienated by gifts inter vivos, or in fraud of the spouse’s rights, are estimated according to their condition on the day of alienation and the value they would have had, had they been retained, on the day of the liquidation.
From the assets thus reconstituted, all debts that have not yet been paid are deducted, including any sums that may be owed to the spouse.
The value, on the day of alienation, of improvements which had been made during the marriage to original property given by a spouse without the consent of his or her spouse before the dissolution of the matrimonial property regime must be added to the final assets.