The personal and financial impact of a divorce is bad enough. It can be made much worse when you realise that divorce court judges see the world in a very different way to business owners and entrepreneurs. A divorce must not be allowed to damage the health of the family business where it needs to produce either future income or capital to meet the family’s needs. Judges can struggle to understand a family business owner Many divorce judges presume that business owners get up in the morning and go out to work and are guaranteed to make money. If only that were true! Family law judges often struggle to understand business risk, funding issues and the real liquidity of...
Read MoreContemplating separation and divorce is daunting enough… but for parents the inevitable questions loom; “What do we tell the children?” and “How do we tell the children?” I have put together some guidance which has been gathered from my experience in the last 25 years of working in this area and I hope that by sharing this knowledge freely with you it will help make things much easier and clearer for you and your family. I hope to help you to help your children. Guidance You have the first key already in your own question, “we” – you do tell them together. You need to agree what you do not tell them. They should never be...
Read MoreThere are plenty of easy opinions and clichéd views flying around after last week’s riots about the behaviour of teenagers being the result of coming from a ‘broken home’. All the blame, and guilt, gets heaped onto separated and divorced parents by blaming divorce as being a direct causal link to unacceptable behaviour in teenagers and young adults. It is not that simple and the divorce rate has been going down. In fact the main harm to children is not from the fact of their parents divorcing but from being caught in the crossfire of on-going conflict. As a divorce solicitor I have a responsibility for not making things worse. In fact I am I am proud that many fellow...
Read MoreIt’s ok for parents to read this too!! Whatever is going on around you remember these points: Both parents still love you Your parents never thought they would ever separate. Your parents are finding it very stressful to make the arrangements to separate You are not alone. Half of your friends are in the same position. About 50% of children live in a home without both parents. The key is having the support and love from both parents. Many children say that they can have the best of both worlds Coping with changes can be stressful The most stressful thing is being caught up in ongoing arguments It is tough coping with parents who are arguing and who appear to hate each...
Read MoreCan I keep what is mine in a divorce? What counts as matrimonial assets? There are some circumstances when you may want to argue that it is fair for you to keep specific money or property away from your spouse in a divorce settlement. Some of these circumstances include: money or property gifted to you. past inheritance or future inheritance (treated very differently) money or property or assets you have acquired since the separation money or property you had prior to the marriage business assets or sale proceeds of a business family trust assets bonus redundancy money personal injury settlement lottery winnings Contact me to discuss your specific circumstances 01223...
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