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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…
Hidden assets in divorce cases are unfortunately not uncommon, representing a challenge that can significantly impact the fairness of a divorce settlement. Parties may attempt to conceal wealth through various means, such as offshore accounts, undervaluing assets, or transferring funds to third parties. The prevalence underscores the need for a thorough and vigilant approach to asset disclosure during divorce proceedings.…
Embarking on the journey of financial planning post-divorce can be a challenging but transformative process. We understand that navigating the complexities of single parenthood and managing tighter finances can be overwhelming. However, at Fair Result, we’re not just here to offer support; we’re here to ensure your financial planning journey is fair and equitable. Let’s face it: divorce often brings…
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…
Divorce is a complex process, and it becomes even more intricate when significant business interests are involved. For many individuals, especially those who have a high net worth, the division of assets can be a challenging task, particularly when it comes to valuing and dividing business assets. In this blog, we will delve into the essential aspects of valuing and…
Divorce can be a complex and emotionally challenging journey for anyone, but it can become particularly intricate when high-net-worth individuals are involved. When significant wealth is part of the equation, the financial aspects of divorce require careful consideration, meticulous planning, and a focus on building a strong financial foundation for the future. In this blog, we will explore wealth management…
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,…
After the family home, pensions are typically the biggest asset to be divided when couples divorce in the United Kingdom. The average pension pot is around £75,500 at age 55 – but can be worth much more depending on factors like the ages of the spouses. With people living longer nowadays, properly dealing with pensions in divorce is critical to…