Your money or your life-we understand that the two are inevitably intrinsically linked and have the specialist expertise and experience to give you realistic and pragmatic advice to help protect you and your family’s assets. We understand that you need to be clear about the financial position you will be in post-divorce. The financial issues that follow a relationship breakdown can be very complex. We frequently resolve cases involving substantial assets in the UK and around the world.
We understand that some clients may be intimidated by a spouse’s complex financial arrangements or fear that assets will be hidden or dissipated to defeat your financial claims. We can assist by providing a clear strategy, sound commercial judgement and formidable negotiation skills to achieve the desired settlement. A highly financially literate team, we are well versed in the complex financial arrangements of the modern financial world frequently dealing with complicated remuneration packages, deferred bonus arrangements and international corporate financial structures and trusts. We understand that trusts really do matter. Many settlors and beneficiaries of trusts mistakenly believe that as trust assets are not in their name, they will not be taken into account on divorce by the English court and as such can be ring fenced from the process. They are wrong. Financial remedy claims on divorce involve the court in identifying the resources available to each spouse and performing a discretionary exercise in computing a percentage division of those available resources. Even if the trust is a wholly discretionary trust such that no beneficiary has any entitlement to any assets under the terms of the trust, the court may treat a beneficiary spouse as having the trust assets, or some part of them, at his/her disposal such that they are included in the assets, which are available for division.
Please do not hesitate to contact us if you require further guidance or assistance from our team of specialists contact us or send your enquiry to enquiries@manderslaw.com