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finances | Josiah-Lake Gardiner finances – Josiah-Lake Gardiner

Mills v Mills [2018]: No second bite of the cherry

The Supreme Court has this week delivered a unanimous judgment in the case of Mills v Mills [2018] UKSC 38  setting aside a 2017 Court of Appeal decision to increase a wife’s spousal maintenance to cover her rental payments, 16 years after a financial settlement was agreed in 2002. A timely reminder that despite the making… Continue reading Mills v Mills [2018]: No second bite of the cherry

Is mediation right for you?

Mediation is not for everybody, but it is a good option for many.  It is important that both parties feel safe and supported during mediation. Therefore, before a mediation starts the mediator will assess whether there are any safety concerns and whether the couple and their issues are suitable for mediation. Both parties need to… Continue reading Is mediation right for you?

Prenuptial Agreements and Mediation – A marriage made in Heaven

A prenuptial/pre-civil partnership agreement (pre-nup) is entered into by the couple before entering into their marriage/civil partnership and sets out what will happen in the unhappy event that the relationship breaks down and ends in divorce/dissolution. Whilst a pre-nup is not legally binding, if properly prepared and signed it will carry a great deal of… Continue reading Prenuptial Agreements and Mediation – A marriage made in Heaven

The Wealthy Heiress and Treatment of Future Inheritance

A wealthy heiress has succeeded in her appeal to overturn a financial remedy order that banked on her inheriting from her wealthy father in the future. The case of Alireza -v- Radwan and others was before the Court of Appeal earlier this month. The parties married in 1999 and had 3 children – the youngest… Continue reading The Wealthy Heiress and Treatment of Future Inheritance

Do I still get Half even if I do Nothing?

David acted for a very successful female executive (W) in financial remedy proceedings at the Central Family Court whose husband (H) had chosen to give up work as he ‘wanted to take a career break’. Facts/Issues. W who was aged 45 was a senior partner in a successful business earning a large six figure salary.… Continue reading Do I still get Half even if I do Nothing?

City Trader “Must I share my bonus for ever?”

This particular case study may be of interest to you if you are a city trader or the spouse of a city trader. Facts/Issues. The husband (H) in this case is an Oil Broker aged 48 years; his wife (W) is aged 50 and is currently not working but training to be a therapist. There… Continue reading City Trader “Must I share my bonus for ever?”

A Footballers’ Wives Tale – ‘Genius’ and the special/stellar contribution argument

Ryan Giggs is just one of the latest high profile footballers presently embroiled in divorce proceedings following the breakdown of his 10-year marriage to wife Stacey. As has been reported in the press, Giggs is seeking to argue in the High Court that his “special contribution” to the family’s reported £40m+ fortune justifies him leaving… Continue reading A Footballers’ Wives Tale – ‘Genius’ and the special/stellar contribution argument

Needs Trump All

Rebecca acts for the wife (W) of a city trader, residing in Essex , in divorce proceedings. Facts/Issues W is aged 37. H is aged 38, There are two children aged 5 and 2. The marriage was of 7 years duration but there was a period of pre-marriage cohabitation. H is a city banker and… Continue reading Needs Trump All

Pension sharing versus Capital aka Do I Get to Be Rich Now or When I Retire?

David acted for a young (39) male City Trader (H) in financial remedy proceedings.