Professional and Expert High Net Worth Divorce Advice
Obtaining a divorce can be a stressful and emotional process. You will have to make some very important decisions that will affect the rest of your life. High net worth divorce is often a complex and difficult process.
Our specialist family lawyers are on hand to guide you with professional and expert advice, helping you to secure the best possible outcome. To understand your options, call our experienced team today 01708 398851.
High Net Worth (HNW) divorce lawyers
Our experience in high net worth divorce
We have worked with:
- business owners,
- families with significant wealth,
- high earners and their spouses to reach a favourable outcome in the divorce.
We can guide you through the entire process of making a financial settlement, ideally with the agreement of both spouses, ensuring all of the relevant assets are included, such as pensions, trusts, properties and shares.
Where agreement cannot be reached we have positive arrangements with experienced specialist barristers and other experts for advice and representation.
With our expertise in high value divorce settlements, we can help you achieve a fair settlement that provides for you and your loved ones, allowing you to make a clean break as easily as possible
How long does it take to get divorced?
Typically, it takes around six to seven months but it can take longer if there are financial matters to be resolved.
FAQs
How do the financial proceedings fit in with divorce proceedings?
The Court deals with the financial aspects of the divorce separately from the divorce itself. If it is not possible to reach an agreement, a financial application can be lodged with the Court at the same time as the Petition.
What does the Court take into consideration during financial proceedings? In order to seek to achieve a fair financial outcome, the following will be considered:
- The income, earning capacity, property, financial resources (now and in the foreseeable future both in this jurisdiction and worldwide) of each party; and
- The financial needs, obligations and responsibilities of each party;
- The couple’s standard of living during their marriage;
- The length of the marriage and any period of cohabitation beforehand;
- The age and state of health of each party; and
- The contributions, both financial and non-financial, that each party has made to the welfare of the family.
How will the Court divide the assets?
The welfare of any child is the Court’s first consideration. The Court will take all the assets into account and first consider the question of needs (of the parties and the children). In the majority of cases, the assets do not exceed the needs in which case the needs will be the determining factor. If the parties’ needs can be met, then the equal sharing (of matrimonial assets) and compensation (of relationship-generated disadvantages) principles may be engaged.
The Court may leave non-matrimonial assets such as inherited wealth or assets generated before the marriage out of account and share the matrimonial assets equally. In very exceptional circumstances, a Court may deviate from the sharing principle where one of the parties has made a ‘special contribution’ to the marriage.
When your relationship breaks down, you need clear direction and legal advice from the outset. Our family lawyers have many years’ experience in representing clients involved in high-net worth divorce matters.
We offer reliable legal advice and representation. Call our team today on 01708 398851 to understand how we can help with your situation.