Wife granted 33% of matrimonial assets in divorce; homemaker role allowed husband to grow business
SINGAPORE - A woman who assumed greater responsibilities on the homemaking front so her husband could build his business has been granted a third of the couple's matrimonial assets, which amounts to $2.2 million.In judgment published on May 20, High Court Justice Dedar Singh Gill noted that the woman had directly contributed around 5.9 per cent, or $400,000, to the asset pool, while the man provided around $6.4 million.He said that the man, 45, bore most of the indirect financial contributions as he had greater financial capacity, and his supplementary credit card enabled the wife to pay for household expenses.Meanwhile, the wife, 44, assumed greater responsibilities on the homemaking front.She looked after their three children, aged nine to 16, oversaw their studies and managed the household, including the supervision of their helper.«It is also notable that the wife supported the husband's career, having resigned from her job to commence work at the husband's company,» the judge said.