In a property settlement, the court will assess the contributions made to the relationship. One of these contributions is the non-financial contribution. Non-financial contributions are contributions made which have resulted in the increase of size in the net asset pool.
Non-financial contributions include contributions made to the marriage, where the services of a professional or tradesperson may have been employed but were not- the parties completed the work themselves.
Examples of non-financial contributions include: maintenance and renovations to the matrimonial home, car, or any other property of the couple, completed by either one or both of the parties.
This article provides basic information only and is not a substitute for a professional or legal advice . If you are likely to be involved in court proceedings or legal action, you should get advice from a family law lawyers.
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