18 Aug '12, 10am

Singapore Money Matters

How is property gifted by spouse treated upon divorce by Ivan Guan on August 18, 2012 Released on Thursday, the Court of Appeal made this clear in decision grounds in the case of a woman who had been given shares to three properties by her husband during their 36-year marriage. GIFTS between spouses in the course of a marriage will be treated as matrimonial assets to be totted up and split between them if they divorce . In the case of a woman who had been given shares to three properties by her husband during their 36-year marriage. The husband sought for all three properties to be put on the list of matrimonial assets to be divided between him and his estranged wife. But of the three, only one – an apartment in The Riverwalk by the Singapore River that he bought with his own funds – was to be included in the list, the court has decided. The other two in the upscale condom...

Full article: http://thefinance.sg/2012/08/18/singapore-money-matters/

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