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Old 12-06-2014, 10:53 PM
loster loster is offline
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Re: All you need to know about the WOMEN'S CHARTER

Quote:
Originally Posted by joshblue View Post
It's not the house, it's a share of the matrimonial assets. That means everything bought during the marriage and any asset bought before the marriage that was used or improved upon by either spouse. As for the share it's not 50% so simple. The court will see the contribution of the wife to the marriage and also to the specific asset. So for example the house you live in is the only matrimonial asset (unlikely in real life considering shares, insurance, bank accounts ), she contributed 40% of the purchase price and was also looking after the kids full time, minimum also is 40% but sure will have add on because of her non monetary contributions to the marriage.
I only have house and no other things. She did not contribute to the purchase of the house....