Successful HNW divorce outcome
Our client, Mr M, was a high net worth individual, who was married to his wife for over 30 years.
The couple had two children from the marriage, who by the time of divorce had moved out and were settled in their own lives. Our client had been the primary earner for the family for the entire duration of the marriage. He had a brilliant professional career and successfully started and managed several businesses. He provided a lavish lifestyle for his family. The couple owned many properties within the UK and abroad. He also had numerous investments, including some with his siblings.
The divorce was initiated by the wife and was based on allegations of adultery and unreasonable behaviour. Our client’s wife was looking to claim over 80% share of Mr C’s jointly owned assets and capital accumulated during his career. Furthermore, she put forward a case to take over 60% of client’s pension, which consisted of a considerable sum. She further argued that she had become accustomed to a certain standard of living and our client was required to maintain that. She had never worked but maintained the family home and raised the parties children.
As the case presented multiple complexities due to the mount of assets and their convoluted distribution and structure, the matter was handled by Rakhi Singal, our head of Family Department who specialises in complex and high net worth divorces.
Divorces are never easy. They can easily become messy and unnecessarily acrimonious. This is why Rakhi and her entire team of specialist divorce lawyers always has a meticulous approach to how the case is conducted. This always starts with ensuring the client understand clearly what their position is and what the realistically achievable outcome can be.