Ashley and Wen Shan discuss the preservation and
division of assets in divorce proceedings.
The contract of marriage which binds two people together is a
joyous occasion warranting the celebration of the community.
Unfortunately, the tides of time change circumstances and in some
cases, people decide that it is best to go their separate ways. The
process of legal separation or divorce will almost always involve
the disentanglement of matrimonial assets, which are assets
acquired during the marriage by the spouses.
On occasions, the legal process of disentangling matrimonial
assets becomes a war between the couple, particularly where a
substantial amount of assets is at stake. In this article, we
explore the process of laying claim to the assets, looking first at
the arsenal of legal rights available to protect the assets, and
secondly, at the legal limits in claiming the matrimonial assets
between the couple.
