Issues around divorce continue to be a regular topic in these pages because of how all the savviest wealth accumulation in the world can be destroyed in an acrimonious breakup. And a recent case involving England's largest-ever divorce award surely underscores this point.
When divorcing, couples are under a duty to disclose all worldwide assets in which they have an interest to create a marital pot for division. Holding assets in complex corporate structures or offshore trusts as an attempt to protect them from a claim from a spouse in a high net worth divorce is an increasingly common tactic.
Oscar Smith, David Webster and Fiona Read appear in Wealth Briefing discussing a high net worth divorce case.
Oscar is an associate in the family team. He advises clients on a wide range of family law including the financial and children issues which arise upon the breakdown of a relationship in married or unmarried couples.
David is a partner in the corporate and commercial team and advises clients across a range of sectors, including real estate, financial services, professional services and family businesses.
Fiona is a partner and head of the family team in Putney. She has extensive experience in all aspects of family law.
Russell-Cooke - Wealth Briefing - September 2018.pdf