One of the most controversial aspects of divorce is the extent to which pre-existing family wealth should be taken into account when dividing assets. A case on point concerned a couple whose comfortable lifestyle was throughout their 22-year marriage underpinned by the wife’s family trusts.
When it comes to official decision-making one size does not fit all and account must be taken of different ways of life in a multicultural society. The Upper Tribunal (UT) made that point in the case of a Muslim woman who said that she had
Pre-nuptial agreements are a useful and entirely legitimate means of dealing with situations where one prospective spouse is much richer than the other, whether as a result of inherited wealth or otherwise. However, as a High Court case showed, if such agreements lead to unfair
Parents are frequently concerned that generosity to their child may end up benefiting his or her spouse in the event of divorce. However, as a High Court case showed, taking legal advice on the creation of a discretionary trust can be a highly effective means
One of the reasons why divorcing couples should always seek professional advice is that children also feel the consequences of marital breakdown. That was certainly so in one case in which a former couple’s decision to split a 3,000-acre family estate between them left their