020 3372 5125 Email us today
Enquire today
Successful outcome for a homemaker wife in financial settlement
Enquire today

Successful outcome for a homemaker wife in financial settlement

Updated: 12 April, 2024

By Rakhi Singal

Rakhi Singal is Founder, Director and Head of Family Law at RVS Solicitors. Studying at Bournemouth University and BPP Law School, Rakhi quickly gained a profile in the industry for her work. After creating and successfully managing the Family Law & Civil Litigation department at a leading Legal 500 law firm in London, a role that she was headhunted for, she got the idea to create a law firm in her own image. RVS Solicitors was created and has subsequently helped hundreds to achieve their legal goals, start new futures and obtain justice. A highly regarded family lawyer in the UK, Rakhi gained industry recognition for her relentless attitude, negotiation skills and her ability to always stay calm under pressure and provides a high level of expertise, knowledge and service to our clients every day.

Mr and Mrs Z were married for 9 years and had an 8 year old son. Mr Z was a successful businessman and had incorporated and was managing several companies. Our client, Mrs Z was shareholder in one of his businesses. The couple were paid dividends and a salary from the company for a number of years.

From the onset of the relationship, it had been agreed that Mrs Z would not work and look after the parties son and home. Our client used to work for the Council prior to being married to Mr Z but had given up her job at the insistence of her husband.
The couple and their child were accustomed to a good standard of living with a large, comfortable family home, their son in private education and the family having numerous holidays abroad each year.

The matrimonial home of the couple was in our client’s husband’s name. During the marriage Mr Z was responsible for the mortgage and household bills and our client would use her dividends for their son and his private education. When the parties separated Mr Z left the matrimonial home and refused to pay the household expenses and mortgage.At the same time, the Company stopped paying her dividends at the instruction of her husband.

In these circumstances, our client was not able to fund her child’s private education and the household expenses. She was in a situation our divorce lawyers unfortunately see all too often, in particular with wives who have chosen to stay at home and care for their families. Her husband had cut her off financially, to exert undue pressure in an attempt to get her to agree to a settlement that would have not been in the best interest of her child or herself.

How to cope with a divorce? Maintenance pending suit

When Mrs Z approached our team of divorce lawyers, she was anxious about her and her son’s future and completely disheartened. She was worried that since her husband had the control of the family finances, she had no resources to fight back and obtain her rightful share from the family assets.

As a first step, Rakhi Singal and her team immediately assessed the client’s financial circumstances and advised her in respect of her option to make an application to the courts for maintenance pending suit. This, in essence is an application whereby the financially weak party is asking for the courts to order the other party to make financial contribution towards their living expenses while the case for asset separation is still ongoing. This is not suitable for all cases and such applications should be made only if there are strong reasons for making an application. In most cases, an arrangement can be agreed with the other side and would not necessitate turning to the courts. In this case, however Mr Z was refusing to engage in any constructive negotiations, leaving no other option but to seek the court’s intervention.

Our divorce team therefore acted for Mrs Z in obtaining Maintenance from Mr Z while the Divorce and financial proceedings were ongoing. Thanks to this successful application, our client was able to have her expenses covered during the divorce process and was freed from financial pressure that was threatening to see her agree to a very detrimental settlement.

We also reinstated her dividend payments from the Company, as she was entitled to them as a shareholder, irrespective of the divorce proceedings.

With this aspect resolved, the next step was to achieve a good overall outcome for our client.


Who gets what in a divorce?

The starting point in all financial proceedings in the UK is that both parties are entitled to an equal share from the matrimonial assets. It is an important principle that the parties are not entitled to a bigger share simply because they were the main financial contributor to the family assets and the party who has dedicated their time to raising the couple’s child and maintaining the home has had an equal contribution. This is an important principle that protects people like our client.

While it all sounds pretty simple in principle, in practice things are often get complicated. Parties try to hide assets and do not offer full and frank disclosures, they disagree on what constitutes matrimonial asset, they disagree over the value or how each asset needs to be split.

Our divorce team proceeded with what any good divorce lawyer should undertake when embarking on a new asset separation matter: understand the client’s objectives and assess what realistically can be achieved, before putting together a strategy for the case.

Mrs Z’s main objective was to obtain financial security for herself and her son after she had put her career on hold and was now the main carer for the parties son.

Things were complicated by the fact that Mr Z refused to give full financial disclosure, attempting to frustrate our teams efforts in respect of finding out the true extent of the matrimonial assets. Our client also knew only very little of the business: what the business was in fact making or the future projections.

Our team of divorce lawyers are exceptionally well trained in dealing with complex financial matters. Rakhi Singal headed the teams efforts in uncovering the full extent of family’s assets. By meticulously going through both the business accounts and Mr Z’s personal accounts we were able to find clues that eventually led to establishing Mr Z’s true financial position.

Due to Mr Z’s unreasonable approach to these divorce proceedings, all attempts to settle this through negotiations failed, as Mr Z was refusing to understand that he no longer had the upper hand.

Despite Mr Z’s aggressive approach towards our client during the divorce and financial proceedings, our Divorce team was able to get an excellent result for the client. She obtained ongoing maintenance from her ex-husband. Mr Z was further required to continue to pay the mortgage of the matrimonial home while Mrs L maintained the use of it with the parties son. Our client had no interest in remaining in the business and as a result of leaving it, she was also provided with a lump sum payment equivalent to the value of her shares.

To find out more about how we can assist you with your divorce proceedings, please contact our London office to make an appointment. 

Contact our experts in Family Law
Successful outcome for a homemaker wife in financial settlement
Director & Head of Family Law
Please call us on 020 3372 5125 or get an online consultation
Successful outcome for a homemaker wife in financial settlement
What Our Clients
Say About Us
Testimonials
She is very professional while creating a friendly and comforting relationship with her clients
I am very happy with the level and quality of service I got from Dr. Lusine Navasardyan. She is very professional while creating a friendly and comforting relationship with her clients. The service from Lusine was professional,efficient and well organised. Lusine worked extremely hard at resolving my all issues while getting the best result.
What Our Clients
Say About Us
Testimonials
Dealing with Rakhi was more like having In house counsel than hiring a law firm
So Rakhi Singal of RVS has just handled my divorce, it was a very complex case and I came to Rakhi at the very last minute on a friend’s recommendation. My case was a mess and I stood to lose everything.

Dealing with Rakhi was more like having In-House counsel than hiring a law firm, she does not approach her clients as a cash machine like many law firms do, she works with you to manage and minimise your costs and de-escalate conflict rather than throw wood on the fire.
What Our Clients
Say About Us
Testimonials
She has been very professional and a reliable person
Dr. Lusine has been working on my case. She has been very professional and a reliable person. She was always attending to my queries and she has always been very friendly throughout my case.
What Our Clients
Say About Us
Testimonials
Rakhi’s passion for her profession supersedes the norm
From the very outset of my situation, Rakhi identified the immediate difficulties I faced and offered me a sympathetic and rational approach to my situation, ensuring that she had a full understanding of my issues and concerns. Rakhi’s approach to my case was monumental and customary to my needs and that of my child, which was a fundamental point for me.
What Our Clients
Say About Us
Testimonials
Very detailed advice, friendly and approachable
Excellent service for my wife's spousal visa from Lusine: very detailed advice, friendly and approachable. Also flexible in contact by email and provided an excellent cover letter.
What Our Clients
Say About Us
Testimonials
Really impressed with Rakhi’s dedication to our case
Could not be more pleased with the results!

Really impressed with Rakhi’s dedication to our case and her knowledge and experience on dealing with the case. She communicated with us throughout the process, providing me with regular updates. Thank you so much, I cannot vouch for her work enough and RAW Invites are happy for you to continue to act for all their matters in the future.
What Our Clients
Say About Us
Testimonials
She is professional, intelligent, hard worker and cheerful!
I highly recommend Dr. Lusine Navasardyan, as she is professional, intelligent, hard worker and cheerful, she helped us from the beginning of our case until the very end, when she prepared a strong bundle with over 385 pages, which helped us get a successful victory in our Asylum case . I strongly recommend her as I really appreciate all the professional work that she has done . Many thanks to her.
What Our Clients
Say About Us
Testimonials
Professionalism, Quality, Responsiveness, Value
Highly recommended. Lusine helped me out with my ILR 10-year continuous residency application. She explained everything to me, and patiently answered all my questions. She also put my mind at ease. They are very quick in replying to my emailed queries. I consulted two other solicitors before someone recommended RVS to me; the first one did not seem quite sure what to do, the second had exorbitant rates. RVS's fees are very reasonable given their professionalism.
What Our Clients
Say About Us
Testimonials
Professionalism, Quality, Responsiveness, Value
I am so thankful that we found RVS Solicitors. I had an extremely complicated immigration case which has been successful. Lusine and Eylem was extremely patient and helpful during the entire process and went above and beyond to help me. Their knowledge on immigration law is second to none and they explore all possible options in order to help you. I will never be able to thank them enough for their advice, service and compassion.
What Our Clients
Say About Us
Testimonials
Professionalism
The best lawyers . They work very professional they help you they always out there for you to help you out in your situation well done RVS Solicitors I will extremely recommend 👍and special thank to Eylem Kara 🙂
Our Google Reviews
Read our Google reviews
Successful outcome for a homemaker wife in financial settlement Successful outcome for a homemaker wife in financial settlement Successful outcome for a homemaker wife in financial settlement Successful outcome for a homemaker wife in financial settlement Successful outcome for a homemaker wife in financial settlement Successful outcome for a homemaker wife in financial settlement