The family court will look at all assets, including the realisable income and capital value of any investment in a limited company when deciding upon a financial order in divorce proceedings. But the valuation must be fair and is best assessed by a neutral accountant....
Divorce
Doing the Deal in Divorce
Getting the best result for clients in divorce finance cases is not about choosing negotiation OR court proceedings. It can be about using both to force clear and comprehensive disclosure of finances, on a timetable set by the court, at the same time as negotiating...
Deciding to retire early – how does that affect pensions in divorce cases?
Let's look at 2 hypothetical cases. Mr and Mrs Smith decided not to invest in pensions. They bought Buy to Let properties as investments for their retirement, and at the date of their separation, these were worth a net equity of £750,000. Mr and Mrs Jones invested...
“What are the main reasons for divorce in retirement?”
Married life typically goes in stages :- before children, with children, empty nest, retirement. Any new stage requires a reorganisation of the relationship and can lead to breakdown. The introduction of pension sharing in divorce has made it more possible for wives...
Woman divorces husband because he ‘never made me tea’
So many relationships end on a minor complaint like this – but a little enquiry usually reveals years of problems. No-fault divorce means that lists of allegations are no longer necessary, and allows both to put past disagreements aside and get down to making a fair...
“Prenups: Not Just for Celebrities Anymore”
Prenups are becoming much more common, and reflect the increasing willingness of younger partners to consider the financial ramifications of the legal contract of marriage. Disclosure of finances can still be a problem – without which it is very unlikely that a prenup...
“More men than women have thought about divorcing their partner in 2023”
In 2021, 63.1% of divorces were initiated by women, according to the Office of National Statistics. And yet this study suggests that men are more likely to think about it. Very interesting – why are the women more decisive? Is it because they have greater problems...
“Adele reveals she had ‘five therapy sessions a day’ during divorce from Simon Konecki”
Therapy during a highly emotional divorce can be hugely helpful, and help you understand what went wrong far better so that another relationship can start on a better foundation. Adele has revealed that she had “five therapy sessions a day” during her...
“Divorce Rate Jumps to 8-Year High Amidst Lockdown”
The stresses of lockdown and the enforced concentration on their relationship without outside intervention has forced many couples to rethink their partnership and indeed lifestyle. Divorce rates spiked throughout England and Wales to the highest number in eight...