A Divorce is in no way an isolated situation and comes with its own bundle of complications that only top divorce lawyers in Singapore with rich experience can to help unravel the divorce process competently. In some cases, the situation becomes all the more difficult for you when children are involved and that takes the case to a whole new level of pain, anger and grief. If there are no children yet, then there’s still the matter of equitably dividing the material assets acquired over the course of the marriage.
Under the laws of Singapore, the courts reserve the right to make an assessment of the assets acquired by the couple over the course of their marriage and then divide them in a fair and just manner between the separating couple.
But first and foremost, it is important to understand what can be defined as Matrimonial Assets. Under S112(10)(b) Women’s Charter, pre-marriage properties are not considered matrimonial assets. The only exception would be if they are ordinarily used by the couple or have been significantly improved by one or both the parties during the course of the marriage. And the factors that the courts of law will consider as they decide on the equitable division and distribution of the assets are the following:
1. The extent to which each party contributed monetarily
2. The amount that the children will need post the separation
3. How much each party contributed towards the welfare of the family
4. If there is any prior agreement by both parties on the division of matrimonial assets should a divorce arise
Another reason to take help from best lawyers for divorce cases is that they help in negotiating the terms of the separation as how the matrimonial assets are to be divided. This is why it is critical for you take your time finding the perfect divorce lawyer for your case.
Another reason to take help from best lawyers for divorce cases is that they help in negotiating the terms of the separation as how the matrimonial assets are to be divided. This is why it is critical for you take your time finding the perfect divorce lawyer for your case.
This post first appeared on Singapore Sole Parent - Online Magazine, please read the originial post: here