As the women were the main breadwinners and caregivers of their kids, they got to keep the lion's share of the families' assets
The women both earned substantially more than the men, paid for most of the household expenses and were their children’s main caregivers. Although many people believe the matrimonial law – the Women’s Charter – favours wives over husbands because of its name, the reality is that the outcome of any asset division is based mostly on the evidence of each party’s contribution.
The couple, who have two grown-up daughters, lived in an HDB flat but owned three private apartments in Singapore and another in Johor. Apart from the HDB flat, which was partially paid for by the husband, the wife paid for all the private properties. As the wife was the children’s main caregiver, the husband was given a score of only 20 per cent for his indirect contribution to the family. With the wife scoring 100 per cent of financial contributions, this meant that her ex-husband’s share of the family assets was about 10 per cent.
However, there was no evidence that she had used these funds for the children’s expenses since opening the account in 2014. There was also nothing to show that the account was a trust set up for the benefit of the children.
Source: Law Daily Report (lawdailyreport.net)
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