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Parents’ contributions to matrimonial homes usually deemed as gifts for both spouses
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A contribution to a married couple's home would be treated as a gift to both parties unless there was convincing evidence showing otherwise.
ST PHOTO: GIN TAY
SINGAPORE - Parents’ contributions to their child’s matrimonial home are 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.
