Settlement of divorce claims involving substantial and complex assets

Holly acted for a wife in her application for financial provision following divorce after a long marriage. The case was relatively complex, as the husband had a large property portfolio, numerous chattels including classic cars, a SIPP pension and two companies. Holly advised the wife on an ongoing basis from before the FDA to settlement before final hearing.

The case involved obtaining valuations of property and the companies, consideration of business accounts and the most tax-efficient way of splitting the assets. There were also proposals for development of some of the land, and consideration of any benefit that the husband might receive. The wife had a significant distrust of the information provided by the husband, and therefore careful scrutiny of his disclosure was required.

The parties were able to settle the case with the wife receiving investment property and a sizeable lump sum to allow for her re-housing.