The recent high-profile divorces of two of the world’s richest men, Jeff Bezos and Bill Gates, have shown if there was any doubt before, that divorce knows no boundaries and can impact anyone at any level of society. It is impartial but not impersonal. There is a lot of emotion …
Common Financial Mistakes in Divorce
When divorce is mentioned the common reaction is that it is mainly a legal matter and legal advice, quite properly, is sought out. But this is just the start. Experts are then arranged by the legal advisor usually in the area of childcare (if relevant) but most likely in pension assessment and or financial analysis. This means that the role of a financial adviser during a divorce becomes more central than what many people might normally think of, and that’s where we come in.
High Net Worth Divorce
Taking sides Without wishing to take sides, as all marriage breakdowns have their own unique circumstances, it sometimes transpires that one side quite often has a significantly unfair advantage in understanding the combined moving parts of investment assets, investment products, risk and reward trade-offs as well as the broader tax …
How Divorce Affects Your Finances
Marriage breakups are rarely easy and once the decisions surrounding child custody and access has been agreed upon, focus turns to the financial issues of asset splitting, debt ownership and family maintenance. In such a highly charged environment, emotions tend to run high which is why having a Financial Planner …