Matrimonial & Ancillary Relief
Nowadays, divorce settlements are based around fair division of income and assets, requiring full disclosure of both parties financial affairs. It is frequently necessary to value business interests such as shareholdings or partnerships, which previously might have been set aside if sufficient other resources had been available.
In this present economic climate, the funding of such matters can place a further unwelcome burden on the parties finances. We understand the pressures surrounding a matrimonial breakup and can provide a sympathetic approach to the parties in order to ensure a valuation that is agreeable to both parties at a cost that is affordable and commensurate.
Using our specialist expertise, we can act for either applicants or respondents; we can also frequently appointed the Single Joint Expert by both parties, where joint instructions can reduce the overall burden of costs. Specifically, we handle matters such as:
- Business valuations
- Review of profits and balance sheet review
- Review of the completeness of disclosure
- Liquidity issues such as availability of funds from a business or shareholding
- Advice on the division of assets
- Pension provision