Division of Assets
At the time of separation the Court will look at all the assets of a couple, held both in joint names and in single names and it will decide a fair and equitable division of assets in order to provide for all members of the family in the future. Assets will be all goods, property, pension funds, savings, lottery winnings etc. of the couple. The Court will look at the needs of all members of the family, taking into particular consideration the needs of any dependent children and if one spouse is dependent financially on the other. The Court will endeavour as best as possible to provide for all parties needs but it will deal with the practicality of each situation and circumstances.
For more information or any questions or queries on what happens to assets on separation, please contact Margaret Fortune by email or 051 840001 for confidential and impartial advice.
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