Why is family settlement better than court settlement?
What is a family settlement?
- It refers to the adjustment that family members make in order avoid court disputes and amicably divide the family property with shared understanding.
- The parties must be related to each other and have a right to a share of the said property.
- The latter is not just limited to real estate, but can also claim his/her right on the movable assets like jewellery or money in bank accounts.
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