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Divorce

The Hidden Costs of Divorce: Unwanted Cohabitation and Its Consequences

The Hidden Costs of Divorce: Unwanted Cohabitation and Its Consequences

Divorce is often a difficult and emotionally charged process, with couples facing numerous challenges as they navigate the legal, financial, and personal complexities of ending their marriage. However, one aspect that is frequently overlooked is the potential for unwanted cohabitation after divorce, a situation that can arise due to economic circumstances and have detrimental impacts on the well-being of both…

Home Rights Orders: What are They and Why are They Relevant in Divorce?

Home Rights Orders: What are They and Why are They Relevant in Divorce?

A lesser-known yet influential aspect of controlling certain elements of divorce proceedings is through ‘Home Rights Orders.’ These orders are increasingly surfacing in divorce cases, causing significant challenges for clients. In a recent case, we successfully navigated these issues, albeit with the looming threat of court action and considerable costs. Frequently, a married couple may have the family home registered…

The Four Phases of Divorce and Separation and How to Manage Them

The Four Phases of Divorce and Separation and How to Manage Them

As professionals operating for many years in the divorce market, there are similarities in every divorce we are involved in. Whilst the process itself often causes distress – the common phases which most people experience are: Time Cost Uncertainty Stress How you manage each of these, which occur either during the entire divorce process or can be experienced intermittently is…

Protecting Business Assets in Divorce – Strategies for Preserving Value and Operations

Protecting Business Assets in Divorce – Strategies for Preserving Value and Operations

Going through a divorce is stressful enough without having to worry about what will happen to your business. For business owners, a divorce isn’t just about splitting up the house and bank accounts – the company you built is often one of the most valuable assets on the line. Dividing up business assets like shares, equipment, or property or forcing…

Understanding Prenuptial Agreements: Protecting Assets and Streamlining Divorce for High-Net-Worth Individuals

Understanding Prenuptial Agreements: Protecting Assets and Streamlining Divorce for High-Net-Worth Individuals

Getting divorced is never easy, but it can quickly become extremely complicated for wealthy couples with substantial assets and investments without proper planning. This is where prenuptial agreements come in – they are critical legal tools that can protect high-net-worth assets and streamline the divorce process when utilised effectively. A prenup allows individuals to safeguard their finances in case of…

Complex Asset Division in Divorce – Key Considerations and Strategies

Complex Asset Division in Divorce – Key Considerations and Strategies

Dividing complex assets like businesses, real estate, pensions, and valuable property during divorce can be challenging. Properly evaluating and splitting these assets requires understanding of legal & tax implications, and often professional guidance. The goal of this article is to outline key considerations around complex asset division seen in divorces. With proper documentation, planning, and professional help – spouses can…

Navigating Financial Matters for High Net Worth Divorce – Key Considerations

Navigating Financial Matters for High Net Worth Divorce – Key Considerations

Going through a divorce is an emotionally difficult time for any couple, but when substantial assets and intricate financial arrangements are involved – the stakes become even higher. For high-net-worth couples in the UK undergoing a marital split, the financial settlement reached can have major long-term repercussions for both parties. With lavish marital homes, valuable investment properties, complex offshore accounts,…