Disputing a Will #SolicitorChat with The Law Society
15th April, 2021
How can you ensure wishes are followed and should you consider legal action if you feel a loved one’s wishes are not? Michael Brierley discussed this and more live on…
A City trader has won her appeal against a High Court order, awarding her husband an equal division of the matrimonial capital, after a marriage of just four years.
Julie Sharp, a City trader, argued that as both parties had worked, there were no children and they had largely kept their finances separate, it would be unfair to award her ex-husband Robin Sharp part of her £10.5 million bonuses.
The Court of Appeal agreed and Mr Sharp’s award was cut by £700,000, leaving him with just 28 % of the assets overall.
The judgment is likely to make it easier for parties to argue that in suitable cases, there should not be automatic sharing of the wealthier party’s non-family assets. The equal sharing principle established in the case of White v White in 2000 should not be treated as a strict formula and the Court must pay regard to the length of the marriage and the way in which the parties had organised their finances.
The case is likely to affect many divorcing parties currently in negotiations as to the split of their assets and Mundays would be happy to advise if you are unsure about your position. Please contact Judith Fitton, Family Law Partner or any other member of the Family Department at Mundays LLP.
How can you ensure wishes are followed and should you consider legal action if you feel a loved one’s wishes are not? Michael Brierley discussed this and more live on…
Mona Gholami and Phillip Vallon discussed what impact the ruling have for other ‘gig-economy’ businesses?
Judith Fitton and Alice Barrett provide an insight as to ways you can protect and future proof the assets you may have built up previously.
Lucy Densham Brown and Phillip Vallon provide insight to the decision made by the Supreme Court last week in relation to the National Minimum Wage Regulation