The power of intention: Gifts and inheritance received by one spouse may still be subject to division during a divorce
11 Apr 2023
Where a spouse has assets partly or wholly originating from gifts or inheritance and that spouse has manifested a clear and unambiguous intention to treat such assets as part of the matrimonial pool, the courts should give effect to that intention of the spouse who received such gifts or inheritance.
Furthermore, gifts from one spouse to another, whether acquired by gifts or inheritance, or by effort, may be excluded from the pool of matrimonial assets if the gifting spouse intended for the recipient spouse to solely benefit from that gift.
Director Hoon Shu Mei discusses the decision of CLC v CLB  SGCA 10 in this update.
Please click here to read the update.