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Old 19-07-2014, 01:10 PM
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Re: All you need to know about "Marriage/Divorce" under the SG Law

Quote:
Originally Posted by joshblue View Post
Not quite. The CPF monies will be part of matrimonial assets but unlikely when the split comes they will take from the CPF account itself. The contest is more for the children. It is law that a parent cannot leave nothing to their children. So can fight for some inheritance. As for ex-wife unlikely to contest CPF when you are dead. Unless you were supposed to pay lump sum amount and you drop dead before payment and only left your CPF money because you spent everything else le.
I am still paying a couple of hundreds to my ex oc as maintenance and daughter about 900. I it used to be only 900 but ex said daughter now in poly, everything cost more, so I never disputed and increase it to 1200. As long as it is still within my capabilities. Then I better instruct my current oc, in the event if ex really dispute, to bring up the case that nearly half of my CPF then, when my divorce was finalize with ex oc, was transferred to her in the form of what I had already paid to HDB. As the matrimonial flat then was decreed by the kangaroo judge to be transferred to ex oc and I was only allowed to take back 50% of what i had put in from CPF. In any case I have already nominated my daughter as a beneficiary in the event of my demise.
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