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.
Courts will assess the full range of assets built up during the marriage, including those held through corporate entities or in trusts. The court will then consider a number of factors, from the needs of children to the standard of living enjoyed before divorce, to come to a financial settlement.
Whether you are looking to protect your assets or ensure you can maintain your standard of living, it is essential to have the best legal team on your side. As a top family law firm, Vardags can help you get the best possible result from your financial proceedings. From producing accurate valuations of your assets to countering excessive proposed needs and entitlements, our invaluable support and expertise will ensure you get the financial settlement you deserve.
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.
In high value cases, it is common for parties to have an inflated view of marital assets. In order to tackle these false perceptions, an accurate and thorough valuation of all your assets is key.With a unique team of in-house forensic accountants and well-established links with expert valuers, Vardags are adept at demonstrating the true value of shared assets and countering any excessive needs claims.
The best way to ensure your assets are protected is to conduct a thorough and accurate valuation.
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When you contact us a member of our client relations team will take the full details of your situation, assess whether we can assist you, and if so, determine the best team for your case.
Vardags is one of the UK’s leading divorce law firms. We specialise in complex, high net worth and international cases. The Legal 500 has said of Vardags: “The team is noted for its sheer intellect”
Vardags is among the leading family law firms in the UK. Our solicitors specialise in complex cases for high net worth individuals, including international child relocation, child abduction, and prenuptial agreements. The Legal 500 has said that "clients feel in totally safe hands" with Vardags' Children & Family lawyers.
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Vardags is a top property law firm with expertise in complex and high-value cases. We pride ourselves on our discrete and thorough approach and premium client experience. Our team is led by the highly respected and renowned property lawyer James Bunker.
Vardags is a top law firm with a trailblazing fertility and surrogacy department. We have had success with some of the most groundbreaking cases of the last decade in the High Court, Court of Appeal, and Supreme Court, with rulings that have changed the law. Vardags remains at the cutting edge of fertility law, pushing for further improvement of the outdated legislation in place in Britain.
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Vardags' wills and trusts team has the specific expertise to cater to the wills and trusts needs of high-net-worth and high-profile individuals. Richard Todd QC, Leading Counsel for Yasmin Prest said of Vardags: “a note to acknowledge your firm’s pivotal role in achieving such an outstanding result in the recent Supreme Court case of Petrodel v Prest”.