Division of Assets
While custody is a very emotional issue, division of assets often proves to become a “number crunching” exercise which is not everybody’s favorite past-time. Nevertheless this is highly important if you like to retain a fair part of the accumulated assets during the marriage.
From this section you will understand that this is neither trivial nor very straight-forward.
Some assets are “easy” to divide because they are usually well documented: bank accounts, loans, salaries, mortgages, CPF’s, pensions, share-portfolios, etc.
However, also non-financial contributions, length of the marriage, valuation of properties form an substantial part with regard to this division.
We have experienced that not a small amount of effort is needed to fully discover these.
This means that on one hand you will need an experienced lawyer to discover and lay open the full extend of the assets and on the other hand, to save costs, you will need juniors to do the “number crunching”.
Also non-financial contributions, length of the marriage, valuation of properties often form an substantial part In this division. We have experienced that not a small amount of effort is needed to fully discover these.
So, on one hand you will need an experienced lawyer to discover, together with you, the full extend of the assets and on the other hand, to save costs, you will use junior lawyers to do the “number crunching”.
Which Assets are to be divided (and which are not)
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What rules are followed when Assets are divided?
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Division of Assets vs maintenance
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