High Net Worth Divorce
Whether you're navigating a complex business transaction, resolving a family dispute, or seeking guidance on estate planning, you can trust DLS Solicitors to deliver sound legal advice and effective solutions. With a reputation built on integrity, professionalism, and results, we are here to advocate for your best interests every step of the way.
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Navigating the financial aspects of divorce can pose significant challenges, particularly when substantial assets are involved.
Even in pursuit of an amicable resolution, it’s crucial to seek expert guidance to ensure your finances are divided in a manner that meets your present and future needs, as well as those of any dependents.
If concerns arise about negotiating a settlement or the potential concealment of assets by your spouse, having the right legal representation becomes imperative. A seasoned divorce attorney can help secure the best asset division, ensuring proper valuation and accountability, particularly in court proceedings when necessary.
At DLS Solicitors, we specialise in high-net-worth and ultra-high-net-worth divorces, handling both negotiated settlements and contested cases. No matter your situation, our team can assist in achieving the desired financial security.
Our services cover various critical aspects of high-net-worth divorce, such as consent orders, spousal and child maintenance, property (personal and investment), pensions, business holdings, family business assets (including farming), trusts, inherited and offshore assets, as well as uncovering hidden assets and addressing prenuptial and postnuptial agreements.
Once you’ve come to a financial agreement during your divorce, it’s crucial to formalise it into a legally binding consent order. This document can be obtained from the court and outlines the agreed-upon terms of your financial settlement, providing protection against future financial claims from either party.
We can assist in drafting a comprehensive and legally sound consent order tailored to your specific situation. This ensures accuracy in the details and offers you reassurance regarding your long-term financial stability.
If one spouse needs ongoing financial support to meet their reasonable needs, it’s referred to as spousal maintenance, which can be provided either monthly or as a lump sum.
Our team is equipped to assist you in negotiating spousal maintenance or addressing this matter in court proceedings. Additionally, we can support you with applications to adjust or terminate spousal maintenance as necessary.
Children’s needs should always take priority during divorce proceedings. Our legal team is here to assist you in negotiating child maintenance arrangements as part of your divorce settlement. We ensure that all aspects of your children’s needs are thoroughly considered, including education and extracurricular activities.
Real estate typically represents one of the most substantial matrimonial assets, encompassing the family home, secondary residences, vacation properties, and investment holdings. Determining the fate of these properties requires careful consideration. Our legal team can assist by exploring various options, such as transferring ownership or selling properties to unlock tied-up equity. Timing the disposal to optimise tax implications is a crucial aspect that we will address.
Pension assets should not be overlooked in divorce proceedings, as they are often significant and crucial for future financial security. There are various options to consider, such as pension offsetting—where the value of a pension is offset against other assets like the family home—and pension sharing, which involves transferring a portion of one spouse’s pension to the other.
Our team is well-versed in these options and can provide expert advice to guide you in making the best choice for securing your future financial well-being.
Dealing with business assets can pose a substantial challenge during divorce proceedings, particularly with family-owned or farming businesses. It’s crucial to handle these assets in a manner that safeguards their value while ensuring any divorce settlement meets the needs of both parties.
Our team can provide guidance on various options, such as offsetting the value of business assets with other assets like property. Additionally, we can assist in navigating scenarios involving a family business where both spouses are actively involved.
Trusts can present complex challenges in divorce, particularly when they involve family trusts benefiting multiple individuals. Effectively addressing trusts during divorce necessitates specialised expertise and a sensitive approach.
Our team offers clear guidance on integrating trusts into the division of matrimonial assets. We ensure trusts are appropriately evaluated and that their value is safeguarded throughout the divorce process.
Inherited assets can evoke strong emotions when addressing divorce finances. Depending on the situation, these assets may need to be factored into the division of assets, underscoring the importance of seeking advice promptly.
Our team can provide clarity on whether an inheritance you have received or anticipate receiving should be included in your divorce settlement and guide you on the appropriate handling of these assets.
Offshore assets must be taken into account in any divorce settlement or court-ordered division of matrimonial assets. It’s essential to accurately identify and value all offshore assets to ensure they are appropriately incorporated into any negotiated or court-ordered asset division.
Both you and your spouse have a legal obligation to disclose all assets for consideration when dividing finances in divorce. If you suspect that your spouse is attempting to hide assets or misrepresent their value, there are measures you can take to uncover the truth.
Our team can provide guidance on various options, including obtaining third-party disclosure from organisations like banks and HMRC, enforcing disclosure obligations against your spouse, and securing freezing orders to prevent asset disposal.
If you have a prenuptial or postnuptial agreement, it should offer clear guidance on how your assets are to be divided in the event of a divorce. However, it’s important to note that these agreements are not always legally binding, and under certain circumstances, it may be possible to negotiate a different division of assets than what is outlined in the prenup or postnup.
Our team can provide advice on the likelihood of a court agreeing with the terms of a prenuptial or postnuptial agreement. Additionally, we can assist in negotiating an alternative settlement if necessary.
A high asset divorce comes with several distinctive challenges, making specialised expertise absolutely essential. Our high-net-worth divorce solicitors are here to ensure you achieve the best possible division of finances tailored to your current circumstances, future goals, and the well-being of your loved ones.
Working with you towards a positive conclusion.
Looking for expert legal advice and assistance? Don't hesitate! Contact DLS Solicitors today for professional and reliable legal services tailored to your needs. Whether you're facing a complex legal issue or seeking guidance on personal matters, our experienced team is here to help.
14 George Street, Alderley Edge, Cheshire, SK9 7EJ
