In recent years around 42% of UK marriages have ended in divorce. And while most people seek professional legal advice, many do not engage with a wealth manager on the topic. Find out why we think people should.
We appreciate that going through a divorce is always stressful, no matter what your intentions might be.
Involving a wealth manager as early as possible can help a couple understand exactly what the separated finances mean for each of your financial futures – and those of any children. We also use cashflow planning to extrapolate any current decisions into the decades to come and allow for ‘what if’ discussions to be mapped out.
Read our articles and watch our webinars to understand more of the importance of wealth planning beyond the legal support needed for finances to be separated, for example for a consent order.
With new legislation determining the end of marriages set to come into law in April, individuals and their lawyers may be putting their plans on hold for a few months and taking advantage of the biggest shake up of divorce law since 1973.
27 Jan
| 6 mins
January is never a cheerful month, but contemplating dementia (or any loss of mental capacity) or divorce is always difficult. It’s a topic that often crops up because Christmas is a time when families have spent significant time together and it’s easier to see life’s changes unfolding, as Simon Prescott explains.
22 Aug
| 6 mins
As lockdowns were imposed, couples were forced to spend considerable time together and, as a result, divorce rates around the world are rising. But even if you are still happily married ever after, could some of the decisions divorce requires be good for you too?
3 Jun
| 45 mins
Family law, and specifically divorce law, as with all other aspects of life, have been significantly impacted by recent events. We discussed those changes and how these are affecting our clients in a webinar with a couple of the family lawyers at Stewarts,.
11 May
| 50 mins
Our panel of experts flagged the breadth of the conversations people should be having before, during and after a divorce, noting there are more conversations to have than the legal and financial ones.
As a client was going through a divorce, we helped her visualise her future finances to provide reassurance she could maintain her current standard of living and help her children financially when they are older.
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