Division of Matrimonial Assets in Singapore

How does the Court make a decision on division of matrimonial assets in Singapore? Under Section 112 of the Women’s Charter, the Family Justice Courts have the power to order division of matrimonial assets. The Court needs to consider the following factors: Financial contributions made by each party towards the acquisition of assets; Needs of … Read more

Women’s Charter Matrimonial Assets

You may be keen to find out more about division of women’s charter matrimonial assets. An out-of-court settlement is good, because: If you are able to reach a settlement with your spouse, you do not need to proceed to Court and have a Judge decide on your case. An out-of-court settlement takes up less time … Read more

Prenuptial Agreement Singapore Template

According to a UK based wedding website, UK couples usually date for 4.9 years before getting married. The divorce rate in the UK is at its lowest in 50 years. According to therapists, it could be because couples are now getting married after “knowing their partner and relationship better than before”. Personally, I feel that … Read more

Prenuptial Agreement Singapore

Do you need a prenuptial agreement Singapore? There are many financial issues that you should discuss with your future spouse prior to the marriage. For instance, you should talk about how to divide the household expenses- who will be paying for the household bills and tuition fees? Are both parties going to be contributing equally … Read more

Matrimonial Assets Definition- What falls in and what falls out?

Many of my clients are concerned about the matrimonial assets definition in Singapore. What does it cover? Does it cover assets you acquire before the marriage? Does it cover assets which you paid for solely? Does the matrimonial assets definition include gifts and inheritance? I recently read about how Ms Angeline Francis Khoo, daughter of … Read more