Sentences with phrase «matrimonial assets when»

Not exact matches

A: The matrimonial home is treated as a very special asset when it comes to family law.

Additionally, there is no time - bound definition of matrimonial property — when a divorce litigant makes disclosure of their assets, they require to list everything they own, including assets owned prior to the marriage, assets acquired after separation, and assets acquired any time by gift or inheritance.

However, couples are more likely to mislead each other by concealing their assets when they do separate — only 9 % of family lawyers surveyed in Grant Thornton UK's tenth annual matrimonial study have not had cases which revealed missing or concealed assets, compared to 20 % last year and the year before.

As a matrimonial practitioner, I have seen litigants make serious mistakes, particularly when they do not have the protection of a prenuptial agreement or never established an asset protection trust prior to marriage.

The most common scenario is when a relative has an interest in a property that forms part of the matrimonial assets.

Charles J's award focused on achieving an overall fair result for the parties and reflects the power of discretion available to the court when assessing matrimonial assets.

While the Court in Kiamanesh, felt it could achieve equity, pending the valuation of the US company, by reapportioning all of the Canadian assets to the wife, this raises the question of what Canadian courts can do to achieve an equitable distribution of matrimonial property when the foreign assets are worth more than the Canadian assets?