Sentences with phrase «other matrimonial assets»
This could mean that the other party could still be compensated through other matrimonial assets even though a direct pension sharing arrangement would not be available.
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In practical terms, if you and your girlfriend split and the relationship meets the common - law requirements (living together for one year in some provinces and as high as three years in other provinces) than you or your girlfriend can make a claim that the condo is the matrimonial home and should be added to the assets that must be divided in the divorce.
The starting point is that matrimonial assets should be split on a 50/50 basis however this may be departed from after considering the children's needs, the length of the marriage, the ages, health and income earning capacity of the parties, the standard of living enjoyed during the marriage, needs and any other relevant circumstances.
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.
You need to hire a top - rated attorney; hire forensic accountants, tax experts and other professionals needed to obtain all the necessary information and evidence to properly prepare your matrimonial matter to ensure that you receive your equal and fair share of the assets acquired during your marriage.
«Baroness Hale put forward the distinction between unilateral assets and other matrimonial property for use in cases in which the marriage was short.
Although this novel approach in Darby had no impact on the husband so long as he remained in Costa Rica, if a similar order were made against a spouse who resided within Canada and held assets in a foreign jurisdiction, it could prove to be a powerful tool in ensuring that the other spouse received their fair portion of any matrimonial assets held outside of the country.