The Act is silent on what can constitute as matrimonial assets. But based on case laws, following forms part of matrimonial assets:  Matrimonial home All landed properties acquired during marriage  Cars Cash in banks/jewels/shares Contributions made to the Employee's Provident Fund (EPF) during marriage Insurance policies/ gratuity payments/ employment/ retirement benefits accumulated during marriage  Assets owned by one spouse before the marriage PROVIDED it has been substantially improved by the other spouse during marriage or by joint efforts Gifts from spouse Note that in certain circumstances, inherited properties will be subjected to the asset division in the event can establish that it has been substantially improved by one spouse or joint efforts.