When a marriage has irretrievably broken down it can be an upsetting time for the parties involved. In some cases a divorce or separation is amicable, and a divorce settlement is agreed upon with no great issues, however, that is not always possible. Other separations are bitter and acrimonious which can be more challenging to negotiate. In particular, where a marriage involves high value or complex assets, it can be particularly difficult to value and ultimately divide the assets between the parties. For this reason, high net worth divorces can be delicate disputes to resolve and require specialist skills and knowledge from a family solicitor.

If you are involved in a high net worth divorce and require expert representation and advice, contact our team at Ison Harrison today.

Our family team will guide you through each step of the process, so that you and your family can receive the right protection. If you require legal advice, call us on 0113 284 5000 or alternatively email family@isonharrison.co.uk

What is involved in a high net worth divorce?

Divorce and separation solicitors are practiced and experienced in understanding your personal circumstances and establishing your financial situation. In a divorce where high value assets are involved, this can include advising on property, investments, savings and business assets, some of which can be held overseas. This means the fair division of assets can require a specialist understanding of the law along with delicate management and negotiation to secure a fair settlement.

A high net worth divorce is different to a regular divorce because:

  • Property – There could be multiple properties with different ownership statuses, some of which could be owned under overseas jurisdictions or held within trusts.
  • Children – When there is more at stake financially, the safety and wellbeing of any children still remains the priority of the law. There are also often additional financial responsibilities relating to children such as private school fees, which need to be considered.
  • Pensions and investments – There are different ways to handle and divide pensions within a settlement, whilst some investments can be held in trusts which adds a layer of complexity.
  • Emotions – Sometimes, where high value assets are concerned, conflict is more likely to occur and the case may take longer to settle, so specialist skills are required to find suitable resolutions.

What do high net worth solicitors advise on?

As specialist high net worth divorce solicitors we can help and support you through the process and provide important advice regarding key junctures and high value assets, including:

  • Mediation
  • Divorce settlements
  • Property and business division
  • Trusts and investments
  • Pensions and inheritance
  • Child maintenance and child arrangements
  • Spousal maintenance
  • Pre and post-nuptial agreements

In a high net worth divorce it is important that there is full disclosure of assets and a full evaluation as to what are matrimonial and non-matrimonial assets. The objective is to reach a fair and reasonable settlement that protects your interests and ensures you receive what you are entitled to. Our experienced divorce and separation solicitors have the skills and knowledge to advise on high net worth divorce and can support you in securing a suitable settlement, so contact our team today.

Why you should use a specialist high net worth divorce solicitor

There are various reasons why using specialist divorce solicitors is beneficial, and if you use solicitors with expertise in high net worth divorce this can make the process less stressful and more effective:

  • Experience – We have a successful track record of dealing with complex financial situations and advising on the best way to protect your assets and secure a fair settlement.
  • Negotiation – We have the skills and experience to negotiate with disputing parties and secure fair and reasonable settlements out of court.
  • Legal knowledge – We have a detailed understanding of the law in England and Wales, and how this interacts with overseas assets.
  • Confidentiality – As experienced high net worth divorce solicitors we understand that discretion and confidentiality is essential. High profile divorce attracts publicity and this can be detrimental to your health and wellbeing as well as damaging to your public profile and the chances of a fair and reasonable settlement. We can ensure your private affairs are kept confidential and can also advise you on public relations throughout the divorce process and going forward.

Specialist legal support in high net worth divorce

If you are going through a high net worth divorce and require support and advice to ensure you receive a fair settlement in your best interests, contact Ison Harrison today. Call our team on 0113 284 5000 or email family@isonharrison.co.uk.