For many couples, the ending of a marriage can result in many worries about the future. When there’s a family business to consider, this can add an additional layer of complexity to the financial negotiations. As more people marry later in life, it’s not unusual for one or both spouses to come into a marriage ...
Is there such a thing as a straightforward divorce? Very often, separating couples have high hopes that their divorce will be simple, amicable and anything other than drawn out. In our experience however, that’s rarely the case. Even in the most non-contentious of circumstances, there are the inevitable bumps in the road. It’s just one ...
When you are preparing for divorce the things you do in the first few weeks can have a huge impact on your financial future. That’s why it’s important to take advice before you make any decisions that could affect your long-term position. …
Divorce can be difficult no matter the circumstances but when you run a family business together, there are even more complications. It’s important to consider what are the best options for you and your family business if your marriage comes to an end. …
We deal with many cases involving SME’s and businesses. The impact on a business of a marriage breakdown can be significant: It can be difficult to focus on your work while you are dealing with the emotional fallout of your separation. This can affect financial performance, the value of the business and the level of ...
A common misconception in divorce is that a financial claim cannot be made once a Decree Absolute has been granted. In reality there is no limitation period for bringing a financial claim after divorce and there have been a number of very high-profile cases recently where financial claims have been brought many years after the ...
A family business will differ significantly from the treatment of other assets that are valued and shared during a divorce settlement. The business often provides the family with a certain standard of living and the business and financial security of both spouses can be put at risk if matters are not handled in the right ...
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