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Matrimonial Assets & Division
Matrimonial assets comprise of all assets acquired during the course of the marriage by one or both parties. They can sometimes include assets acquired before marriage if certain conditions are met, such as having been substantially improved during the marriage by one or both parties.
Disputes occur when deciding what should or should not be included in the marital pool of assets.
In our articles, we look at the issues concerning Financial and Non-Financial Contributions and common myths that have raised disputes when divorcing couples discuss their assets' division.
These include:
- factors influencing the division of assets
- financial and non-financial contributions in a marriage
- gifts in the Division of Matrimonial Assets
- division of assets in Single Income Marriages
- joint tenancy disputes
- interspousal gifts, and much more
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At the Ancillary Stage of the divorce (after the Court grants the interim divorce), the Court will have to decide how the Matrimonial Assets are to be divided between the parties by making orders as to the division of the assets and the proceeds of the sale of the assets.