| | Most couples will have acquired a home during the course of their marriage. Some will have other assets, such as a family car, businesses, bank accounts or insurance polices.
If the property or asset is a matrimonial asset, then it is part of a pool of assets that the Court will divide when the couple comes to Court to get a divorce.
If the asset was acquired after the marriage, it is a matrimonial asset. If the asset was acquired by you before the marriage, it is a matrimonial asset if
| • | it has been used by your spouse, or the children, while you were living together | | • | it has been substantially improved during the marriage by your spouse, or by both of you. |
If the asset was a gift, or was inherited by you, it is not a matrimonial asset except if | • | it is the matrimonial home | | • | it has been substantially improved during the marriage by your spouse, or by both of you | |
