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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…
As the clock struck midnight on the 1st of January 2024, not only did it mark the beginning of a new year but also the renowned “Divorce Month.” This annual phenomenon sees a surge in enquiries to family lawyers from couples seeking to untangle the threads of their marriages. However, this year’s Divorce Month may differ, according to recent research…
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…
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…
Going through a lengthy, drawn-out divorce can take an immense emotional and financial toll. As Noel Gallagher said: Divorce is a long, drawn-out process, so it affects the mood. When the divorce process drags on for months or years, it prevents you from moving forward and starting fresh. You remain stuck in limbo, unable to heal and plan for your…
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…
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…
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…
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,…
The team at Fair-Result welcomes the announcement that the Competitions and Markets Authority are to launch an investigation into what they are calling ‘quickie divorces’. The Reality of ‘Quickie Divorces’ Specifically, their announcement talks about – online divorce and these so-called ‘quickie divorce’ services. Which have grown in popularity since the Covid-19 pandemic. These concerns include: Misleading claims about both…