Parents’ contributions to matrimonial homes usually deemed as gifts for both spouses

Discover how courts typically view parental contributions to matrimonial homes as gifts to both spouses during divorce settlements. Read more at straitstimes.com.

Parents’ contribution to their child’s matrimonial home is usually viewed as a gift to both spouses unless there is convincing evidence to show otherwise.

In a recent dispute, a man claimed he should be entitled to a bigger share of the couple’s $9.3 million assets because his relatives had helped to pay $360,000 for their first home.