Law on Division of Matrimonial Assets in a Divorce
Published on 4th December, 2020 by Hazell Ng
In the event of a divorce, all matrimonial assets belonging to the divorced parties are liable for division.
In an uncontested divorce, the parties’ assets are divided in accordance to parties’ agreement. In a contested divorce where the division could not be agreed upon by parties, the Court determines the division of the assets based on prevailing laws and case precedents.
This article aims to provide a summary of how assets are divided in the event of a contested divorce. In doing so, Ms. Hazell Ng examines the leading case authorities on this subject.