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Beneficial Interest purchased from TIB

  • Bubblegum11
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24 Apr 16 #477392 by Bubblegum11
Topic started by Bubblegum11
Ex went bankrupt before separation.
I purchased the beneficial interest from TIB post separation and have a deed of assignment to show this.

Now that I am going through the financial proceedings, does all the equity in the FMH go into the matrimonial pot?


will a court honour the deed of assignment?

Ex thinks he should get a share of the FMH back in the settlement. :S

  • Unctuous
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24 Apr 16 #477401 by Unctuous
Reply from Unctuous
Everything has to go into the pot but financial behaviour seems to be one of the few behaviours that can be used in argument about how that pot is divided.

One way of looking at it is thank goodness his old debts are not also part of the pot.

  • Bubblegum11
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25 Apr 16 #477417 by Bubblegum11
Reply from Bubblegum11
"One way of looking at it is thank goodness his old debts are not also part of the pot."

Thank you, I never really thought of it like that... so there is something I should be thankful for lol:side:

What is the point of having a deed of assignment showing you have all the beneficial interest in the FMH whilst you are married if it all ends up in the pot anyway:dry: ?

I suppose it all comes down to needs in the end.

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