CONTESTED DIVORCE: Unveiling the Division of Matrimonial Assets in Simple Terms
Introduction : In a divorce, dividing the assets that a couple acquired during their marriage can be a source of conflict. When both spouses can't agree on how to divide the property, the court gets involved. But what factors do judges consider when making these important decisions? Let's explore the world of matrimonial assets and find out what influences the court's choices. The Power of Contributions : Money, property, and effort are the foundation of marital assets. Judges carefully assess how much each spouse has contributed to acquiring these assets. Whether it's money, property, or hard work, every contribution is taken into account. The court may favor the spouse who has made significant contributions in building the shared wealth. Shared Debts, Shared Burden: Debts are important in dividing matrimonial assets. If both spouses have shared debts for the benefit of the marriage