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1 August 2011DIVISION OF MATRIMONIAL ASSETS Information Sale/Transfer of Investments Under CPF Investment Scheme Ordinary Account (CPF IS OA) & CPF Investment Scheme Special Account (CPF IS SA) Contents
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How to fill out division of matrimonial assets

01
Step 1: Gather all relevant financial documents such as bank statements, property deeds, and investment records.
02
Step 2: Identify and classify all marital assets, including real estate, investments, savings, and personal property.
03
Step 3: Determine the value of each asset with the help of professionals like appraisers or financial advisors.
04
Step 4: Assess the contributions of each spouse to the acquisition and maintenance of the assets.
05
Step 5: Negotiate or seek legal advice to reach a fair agreement on the division of assets.
06
Step 6: Prepare a formal agreement or consent order to document the agreed-upon division of matrimonial assets.
07
Step 7: Submit the agreement to the court for approval and obtain a court order if required.
08
Step 8: Transfer the respective shares of the assets as per the agreed division.
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Step 9: Update your financial records and make necessary changes to ownership or beneficiaries.

Who needs division of matrimonial assets?

01
Anyone going through a divorce or separation and has acquired assets during the marriage or civil partnership.
02
Couples who wish to ensure a fair distribution of assets without leaving it up to the court's discretion.
03
Individuals who want legal protection and certainty regarding the division of assets.
04
Spouses or partners seeking to avoid potential conflicts and disputes over shared properties and finances.
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Division of matrimonial assets refers to the process of dividing assets acquired during a marriage in the event of a divorce or separation.
Both parties involved in the divorce or separation are required to file division of matrimonial assets.
Division of matrimonial assets can be filled out by listing all assets acquired during the marriage and determining a fair division between both parties.
The purpose of division of matrimonial assets is to ensure a fair distribution of assets between parties involved in a divorce or separation.
Information such as all assets acquired during the marriage, their current value, and any liabilities must be reported on division of matrimonial assets.
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