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Will I be able to maintain my standard of living post-divorce?

Divorce, inevitably, is a time of change. Yet, when it comes to the financial aspects of divorce, the courts try to retain stability. Because of this, and based on the precedent of White v White, the English courts will generally share everything earned during the marriage equally between both parties.

When deciding a financial settlement, the court will consider the standard of living enjoyed by both parties while they were together. While this is taken into consideration, it is only one of many factors which are considered and the discretion of the judge will play a key role.

In high net worth cases, where the family have enjoyed a very high standard of living and there are substantial financial resources, the parties’ needs will be computed in a more generous way than in an ordinary divorce case. For high net worth and ultra high net worth individuals, having the best legal team on your side will ensure, where possible, you are able to maintain a similar standard of living.

If you are considering or going through a divorce, click below for a free initial consultation with one of our expert divorce solicitors.

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