The family team at Machins Solicitors LLP have experience in assisting high net worth individuals with their divorce and subsequent financial settlements.
Talk to one of our friendly and experienced team on 01442 872311
High net worth assets often means interpreting a vast array of assets including trusts, businesses and overseas assets and our solicitors have the expertise to deal with these complexities.
We can guide you through obtaining and interpreting all relevant documentation and how various different arrangements can impact your financial settlement. We can look at privately owned businesses and how these are structured and if necessary guide you on the instruction of an expert to value the business. Managing the changes that can be necessary to the business post-divorce is also within our expertise.
Those with high net worth and complex assets may encounter issues with non-disclosure in an attempt to conceal the true financial position.
Our solicitors have detailed knowledge of the remedial applications available including search orders to find hidden assets, freezing orders to protect the assets and committal applications for non-disclosure.
The distribution of wealth and the needs of the parties must be considered in light of the assets and this requires particular expertise in cases involving high net worth. Where the parties have enjoyed a very high standard of living and the financial resources are substantial, the court will usually consider needs more generously than in an average net worth case.
With nearly a quarter of couples in the UK now choosing to live together unmarried, the need for cohabitation agreements for couples in the UK has become increasingly relevant. In 2022, according to the Office of National Statistics 22.7% of people aged 16 or older were cohabiting, a rate that reflects the trend toward committed
The ongoing war in Ukraine has had profound consequences for families, as illustrated by the case of Re Z and X (Visit to Ukraine) [2024] EWHC 314. In this emotional case, a father applied for his children to visit him in Ukraine, despite the ongoing conflict. The Family Court ultimately ruled against the visit, prioritizing the children’s safety and emotional wellbeing. This case sheds light on how the English courts navigate the challenges of family contact in the face of extreme circumstances, like war, and the lasting effects on separated families.
A judgment has been made public in a case involving a celebrity influencer, Lauryn Goodman, who brought a financial claim under Schedule 1 of the Children Act 1989 against her former partner and England footballer, Kyle Walker. The pair, who have two children together, were in Court for a two-day final hearing on 16th and
Our experienced solicitors are on hand to give you advice and assistance.
Call our team on 01442 872311 or Contact Us and we'll get back to you as soon as we can.
