Holly Coates's Divorce & Matrimonial Finance Cases

Fair financial split many years after separation

Holly acted for a wife in financial proceedings following a long marriage. The parties had been together for over 20 years and were separated for 10 years before seeking to deal with their finances.  The wife was now in a long-term and committed relationship whilst the husband had remained in the family home. The husband Continue reading

Improving on a non-binding agreement

Holly represented a Wife in financial proceedings brought over a decade after the parties’ separation. The Husband alleged that they had reached an agreement at separation which gave Holly’s client half of the then marital assets in the form of £20,000 of endowment policies, while he kept the family home and took on the marital Continue reading

Ongoing financial support beyond retirement

Holly acted for a Wife in financial proceedings following a long marriage. The couple had already agreed the sale and division of the family home, and an actuary’s report had been obtained containing guidance on how to equalise their pension incomes. Both were near to retirement age, and the outstanding issues were what ongoing financial Continue reading

Achieving a more equal share of assets for a Wife

Holly was instructed shortly before a final hearing to represent a Wife in financial proceedings. The main issue involved the family home and how the net proceeds should be split. There were a number of uncertainties which complicated the financial split. The children were living with different family members, and it was not clear with Continue reading

Reducing a husband’s payments to a manageable level

Holly represented a client who was seeking to reduce the periodical payments that he made to his former wife. He had agreed a generous provision some years earlier but was now struggling to maintain the payments. Also, changes in the circumstances of the wife, including a move away from the former family home, brought about Continue reading

Achieving financial independence where there are liquidity issues

Holly represented a wife in financial remedy proceedings which involved extensive and varied assets. The parties owned the family home, numerous investment properties, plots of land, companies, vehicles and a SIPP. There were extensive liabilities to be considered and issues of liquidity, with the husband’s business ventures being highly leveraged. Directions were made for the Continue reading

Lifting a freezing injunction

Holly represented a husband in complex financial remedy proceedings. Without recourse to his wife, he had sold the family home and distributed the sale proceeds amongst his family. The wife obtained an injunction, freezing his bank accounts and preventing him from dealing with his pensions other than the monthly income payments. He was ordered pay Continue reading

Increasing a wife’s periodical payments

Holly represented a wife in her application for interim periodical payments under s.27 of the Matrimonial Causes Act 1973 (failure to maintain). The wife argued that after their short marriage the husband had failed to provide her with sufficient financial support. The husband claimed that he had insufficient funds with which to assist her and Continue reading

Pension sharing and foreign assets

Holly acted for a husband in matrimonial finance proceedings following a long marriage, during which the parties had lived in Australasia. The wife was seeking ongoing maintenance for the parties’ joint lives by way of a significant pension share. The husband sought to minimise any pension share on the basis that the wife was considerably Continue reading

Mutually beneficial matrimonial home outcome

Holly succeeded in securing the family home for a wife so that she could continue to operate as a foster carer from the property in which she was already registered and established. This outcome highlights Holly’s approach to negotiating results of mutual long term benefit to both sides, since it enabled Holly’s client to secure Continue reading

Complex proceeds of sale of matrimonial home

Holly acted for a husband at a final hearing to determine the level and duration of spousal periodical payments he should pay to the wife; her pension share award; and the split of the proceeds of sale of their former matrimonial home. This latter issue was particularly complex, since the property was subject to a Continue reading