Ketley Miller Joels Solicitors
Blog

Ketley Miller Joels Solicitors
Blog

Hiding Assets: Should I Transfer Money before Divorce?

The division of assets can be a complicated process, often leading to hostility, which is why some people opt to hide assets and transfer money before a divorce — whether as a financial tactic or to annoy their spouse. But the question is, should you hide assets before divorce? Every divorce is different. In some cases, both parties agree on the terms of the divorce and divide assets equally and fairly, but for others, the division of assets can be a complex and hostile process. Not only this, but a financially unfavourable divorce settlement has the potential to shape the…

How to Get the Most out of a Divorce Settlement: 4 Expert Tips

A divorce is a difficult time for many reasons, but it’s also an opportunity for a fresh start and the prospect of an exciting future. However, to do so, you’ll need to be in a good place financially. In this post, we’ll provide some expert tips on how to get the most out of a divorce settlement.  A divorce settlement serves as the final legal agreement between a married couple to document the terms of their divorce. This will include the division of marital assets such as savings, property, child maintenance and shares, as well as any business assets. The…

High-Net-Worth Divorce Settlement Examples

Most divorces are hard. But divorces become progressively difficult — and complicated — as children, property, businesses, pensions, inheritances and other assets become involved. Certain cases — high or ultra-high-net-worth divorce cases — can be some of the most complex. But what exactly do these cases involve? Our high-net-worth divorce solicitors take a look at two high-net-worth divorce settlement examples and outline what you can learn from them to ensure your divorce goes as smoothly as possible. Divorce Settlement Example 1: The UK’s Largest Settlement In 2012, Sir Chris Hohn, an English hedge-fund manager, filed for divorce against his then-spouse…

A Business Owner’s Guide to the Division of Assets in Divorce

The financial fallout of a divorce can be difficult for anyone to deal with, but for people with business assets to maintain, it can be a particularly contentious time. In this post, we’ll list a few effective tips for the division of assets in a divorce. A divorce is a challenging experience for multiple reasons. Not only is there the emotional trauma of a breakup to deal with, but the financial implications of a divorce can have a huge and long-term impact on your future. For business owners, this can pose a serious threat to financial stability as well as…

Divorce Advice for Ultra-High-Net-Worth Individuals

Divorces involving ultra-high-net-worth individuals (UHNWI) tend to be more complicated and lengthy due to the inclusion of significant sums of money and high-value assets. Ultra-high-net-worth individuals possess assets that amount to at least £24 million — a sum of money not to be taken for granted. Such a net worth often affords a certain lifestyle, so it can be difficult to adjust when the time comes to divide assets during a divorce. In this post, we’ll provide essential divorce advice for ultra-high-net-worth individuals. Seek the Advice of a High-Net-Worth Divorce Lawyer When it comes to the division of assets and…