Our Expertise in High Net Worth Separations
Protecting Your Assets, Securing Your Future
You’ll want your children to be affected as little as possible by your separation. Our child-oriented approach makes sure that their well-being is always the priority.
At Lennons Solicitors, we understand that separations involve unique challenges and complexities. Our team of experienced family law solicitors specialises in handling the intricate financial aspects of high-value divorces and separations, ensuring your interests are protected every step of the way.
Complex asset valuation and division
My spouse and I have a diverse portfolio of assets. How do you approach valuing and dividing these in a divorce?
We understand that high net worth individuals often have complex asset structures. Our approach involves working with a network of expert valuers and forensic accountants to ensure accurate valuation of all assets, including businesses, property portfolios, investments, and pensions. We then develop strategies for equitable division, considering factors such as liquidity, tax implications, and long-term value. Our goal is to achieve a fair settlement while preserving your wealth and financial security.
Business interests and corporate structures
I own a business. How can I protect it during my divorce?
Protecting business interests is a critical aspect of high net worth divorces. We have extensive experience in dealing with various corporate structures and understand the complexities involved. Our approach includes assessing the true value of the business, considering its future potential, and exploring options such as offsetting business value against other assets or structuring payouts over time. We work to find solutions that allow you to retain control of your business while meeting your spouse’s entitlements.
International property and offshore assets
We have properties in multiple countries and offshore investments. How does this affect our divorce proceedings?
International assets add a layer of complexity to divorce proceedings. Our team has experience in dealing with cross-border divorces and understands the intricacies of different legal jurisdictions. We work with international legal partners to ensure all assets are properly disclosed and valued. We navigate issues such as varying property laws, tax implications, and currency fluctuations to develop a comprehensive global settlement strategy.
Trust and inheritance considerations
I have a family trust and have received substantial inheritances. Are these protected in a divorce?
Trusts and inheritances can be complex areas in divorce proceedings. While they’re often considered separate from marital assets, this isn’t always clear-cut. We have extensive experience in dealing with trust structures and inherited wealth. Our approach involves carefully analysing the nature of the trust or inheritance, how it has been used during the marriage, and the financial needs of both parties. We work to protect your family wealth where possible, while ensuring a fair overall settlement.
Tax implications of separation
I’m worried about the tax consequences of dividing our assets. How do you handle this?
Tax considerations are crucial in high net worth divorces. Poorly structured settlements can lead to significant and unnecessary tax liabilities. Our team works closely with tax experts to understand the full tax implications of any proposed settlement. We consider issues such as capital gains tax, income tax, and stamp duty in our negotiations. Our goal is to structure your settlement in the most tax-efficient manner possible, preserving your wealth and ensuring you’re not hit with unexpected tax bills post-divorce.
Prenuptial and postnuptial agreements
We have a prenuptial agreement. How will this affect our divorce proceedings?
Prenuptial and postnuptial agreements can significantly influence divorce proceedings, but their enforceability can vary. Our team has extensive experience in both creating and challenging these agreements. We’ll carefully review your agreement, considering factors such as its fairness, whether it was properly executed, and if circumstances have significantly changed since it was signed. We’ll advise you on the likely weight it will carry in court and develop strategies either to uphold or challenge the agreement, depending on your situation and objectives.
Why should I instruct Lennons Solicitors?
‘Small but agile’ appropriately describes Lennons’ family law offering. Whilst we do not have the size of many of our larger competitors, we are more than capable of matching (or bettering) them for service offered.
At Lennons Solicitors, we believe that personal relationships and trust are crucial in navigating any separation, divorce or relationship breakdown.
Our team is led by Denise Bullock, who has over 20 years of experience in family law, specialising in high-net-worth cases.
Under Denise’s leadership, our team offers:
– Discretion and confidentiality in all matters
– Tailored strategies to protect your wealth and future
– Clear, jargon-free communication throughout the process
– A proven track record in high-value cases across England
– Access to a trusted network of financial experts and valuers
Denise and her team combine the personal touch of a regional firm with the expertise typically found in large city practices. We understand that every case is unique, and we pride ourselves on offering bespoke solutions that address your specific needs and concerns.
The team is recognised in the 2024 edition of the Legal 500 as a ‘Firm to Watch’
Take the First Step
Navigating a breakdown in your relationship can be overwhelming. Denise and her experienced team at Lennons Solicitors can guide you through this challenging time with expertise and compassion.
We can speak in a way that is most convenient to you, by telephone, video meeting or in person. Talk to our friendly, experienced Family Law solicitors in Buckinghamshire and Hertfordshire today.
Book a free initial call with our head of department, Denise Bullock.