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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…
One of the largest components of any divorce is the issue of the family home. With over 1/3 of all households having a mortgage, and many divorcees also having the odd rental property or two – the case of mortgages is always high on the agenda in any divorce. Whilst a large majority of people are on fixed rates, a…
Whilst 80% of our cases never see a formal Court process in the context of a FDA, FDR, or Final Hearing there are always a few where the Court gets involved. Never the ones with the most assets to argue about but more often than not, there is a lack of truth or a total absence of trust between the…
One of the biggest questions during divorce is the division of assets. And this process includes mortgages & debt. Even though they aren’t an asset, they still need to be considered during the divorce financial settlement. This may include a house mortgage or a credit card debt. So, what happens to it during divorce and what can you expect? Continue…
Accurate asset valuation plays a key role in any divorce. This phase of the process directly affects how fairly you will be treated in the financial settlement and greatly impacts how financially stable you will be after the divorce. Ultimately, to take action to safeguard your interests and work towards a fair resolution you must be aware of how assets…