åtskillnad

Åtskillnad is a Swedish term meaning separation or distinction. It denotes the act or principle of keeping things separate instead of mixing them together, and it is used in several legal and administrative contexts.

In family law, åtskillnad refers to the separation of property regimes between spouses. When assets are kept separate, each spouse owns and manages their own property and is responsible for their own debts. This can be arranged through a prenuptial agreement (äktenskapsförord) or established by applicable rules. Åtskillnad affects how property is treated in a divorce and how assets are allocated upon death, as opposed to regimes where assets are treated as jointly owned.

In business and accounting, åtskillnad denotes the separation of private and business finances and accounts. Clear separation helps with transparent bookkeeping, correct taxation, and liability distinctions. For individuals who run a business or have mixed finances, maintaining åtskillnad between personal and company assets is a common practice and, in many situations, a legal or practical requirement.

In taxation and public administration, the concept supports correct treatment of expenses, deductions, and income. Separating private and business-related costs ensures that rules for VAT, income tax, and other levies are properly applied.

Åtskillnad can also be relevant in estate planning and trusts, where distinguishing assets ensures intended beneficiaries receive specified property and that tax or inheritance rules are properly followed. The term remains a general descriptor for the practice of keeping domains, funds, and liabilities distinct.