Divorce and the family business by Gareth Curtis

January 17, 2018 0 comments

finances and divorce

It is not an understatement to say that small and medium sized businesses are the cornerstone of the British economy. For example according to the Department for Business, Innovation and Skills, there were a record 5.7 million private sector businesses at the start of 2017 and total employment in SMEs was 16.1 million: 60 per…

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Ex-husband ‘won the lottery’ in divorce court says trader

January 9, 2018 4 comments

financial settlement

A wealthy financial trader has claimed her now ex-husband “won the lottery” with a sizeable divorce settlement. Julie and Robin Sharp divorced in 2014, after a six year, childless relationship. She accumulated a multimillion pound fortune buying and selling energy stocks and bonds, earning huge bonuses. Meanwhile, Mr Sharp worked as an IT consultant, but…

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Scottish divorce law ‘leaves wives worse off’

December 13, 2017 5 comments

finances and divorce

Differences between Scottish and English divorce law can leave wives worse off according to a legal organisation. Consensus Collaboration Scotland is a north-of-the-border network of lawyers and financial experts working to promote alternatives to the courtroom for divorces and family disputes. Speaking to Scottish newspaper The Herald, member Denise Laverty noted that: “One of the…

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Men vs divorce

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December 9, 2017 1 comment

divorce

If divorce rivals bereavement and moving house as one of the most stressful events that life can throw at us, are there any differences in the way men and women respond to this upheaval? The traditional, stereotypical view of divorce went something like this: a devoted, stay-at-home mother is devastated to find that her caddish,…

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Form E failures: dos and don’ts during disclosure

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November 24, 2017 2 comments

finances and divorce

When a marriage that has broken down irretrievably, parties in the process of obtaining a divorce or separation are expected to make full, frank, relevant and continuing financial disclosure to each other, setting out full details of their circumstances. Family law group Resolution encourages, and indeed expects, both parties to voluntarily begin financial disclosure at…

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Divorcing couples spared stamp duty rise

November 23, 2017 1 comment

divorce

Divorcing couples should no longer run the risk of inflated stamp duties when buying property, following this week budget. Chancellor Philip Hammond announced plans to close a loophole which had seen couples going through a divorce frequently penalised by a three per cent surcharge on second homes, a measure which had been intended to rein…

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Another case of disastrous family litigation

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November 23, 2017 4 comments

family life, family law

How many times have I seen this? Parties to family cases so determined to ‘win’ that they embark upon long and disastrous litigation, utterly oblivious of the effect it is having upon their finances, their emotions and their children. Of course, there are no winners in such situations. Everyone loses save, of course, the lawyers….

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