My Ex-wife is finally ready to divide up the matrimonial property...
When we bought our first house we used some of our Pre Marital RRSP’s as a down payment thru the Home Buyers Plan. She withdrew roughly $15,000.00 and I used $5,000.00. We have paid back the HBP loans while we together out of our joint accounts. She is now asking for the full $15,000.00 in the division settlement. Wouldn’t she be entitled to 50% of the $15,000.00 (so $7,500.00)? Seeing as we paid it back from our joint account?
Thanks in advance..
When we bought our first house we used some of our Pre Marital RRSP’s as a down payment thru the Home Buyers Plan. She withdrew roughly $15,000.00 and I used $5,000.00. We have paid back the HBP loans while we together out of our joint accounts. She is now asking for the full $15,000.00 in the division settlement. Wouldn’t she be entitled to 50% of the $15,000.00 (so $7,500.00)? Seeing as we paid it back from our joint account?
Thanks in advance..
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