Sentences with phrase «value matrimonial assets»

Moreover, we are experienced in representing individuals in complex and contentious trust and probate cases, as well as handling a host of matrimonial and family law disputes, including matters involving foreign marriages and the division of high value matrimonial assets.

The court values matrimonial assets as if sold on the day of the hearing or agreed order, so the costs of sale and the tax payable need to be taken into account.

Not exact matches

However, had she used that money to help pay down the mortgage, it would have become part of the value of the matrimonial home and therefore a joint asset.

A decrease in the value of assets will also not constitute a Barder event, as illustrated by Horne v Horne [2009] EWCA Civ 487, [2009] All ER (D) 118 (Jul) in which the husband was to retain the family business and the wife was to retain the matrimonial home and a lump sum of # 180,000, payable by instalments.

Therefore, case law now suggests that the value of assets which have been dissipated in matrimonial cases in Australia will not be added back, regardless of whether those assets have been dissipated deliberately and recklessly by one party or, with the sole intention to reduce the matrimonial assets available for distribution.

As a result, in recent years, Canadian courts and the legal profession have increasingly been tasked with the challenge of responding to cases where matrimonial property includes foreign - held assets which, sometimes, were greater in value in than those assets held on Canadian soil.

In its deliberation with regards to the division of matrimonial property, the Court determined that it had the jurisdiction to consider the value of the assets located outside of British Columbia, but that it had no power to «determine the right, title or interest in land situated outside the province».

Finally, Moylan J considered the origin of the marital assets and the fact that the husband had had no positive effect on the value of the matrimonial home or the wife's assets.

In England, Wales or Northern Ireland: Any business interests and the value contained in them can generally be taken into account as one of the «matrimonial assets» to be divided on divorce or dissolution.