Why hiding your assets or income in a divorce is really stupid. Hiding and not disclosing assets is not only stupid but it is not in your own best interests. Here is why. What you want to end up with is a final court order or a “consent order” made by the Court in full and final settlement and where there are no comebacks. A clean break consent order dismisses all and any financial claims for money or property or pension or inheritance forever. Logically you do not want to be holding a worthless consent order approved by the court only to live in dread of the letter in the post informing you that the so-called final settlement is being set aside and opened up so a...
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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