Monan Gozzett serves a diverse national and international client base and we specialise in private litigation in the areas of regulatory, reputational management, internal investigations, education, private client and wealth management, family, employment, civil, criminal and commercial litigation law.
Our expanding family law department assists clients with divorce and financial remedies, children’s matters, and sensitive high-stakes family disputes.
Are you facing a high-net-worth divorce? Read on for some practical tips designed to provide a compass to help you navigate your next steps and set your course of action to engage the appropriate legal professionals to assist you.
Facing the end of a relationship with someone can be highly challenging, and we understand the emotional drain this can have on individuals and their wider families.
The divorce process can be particularly stressful if you or your partner has significant wealth. Our highly experienced family solicitors are specialists in high-net-worth divorce cases. They will work with you throughout the process to secure the best possible outcome and alleviate your difficulties.
A high-net-worth divorce can involve complex issues. There could be substantial finances, properties, and assets to consider, as well as children, custody, and maintenance. Personal assets such as inherited wealth, on and offshore investments, properties, pensions, trusts, business assets, spousal, and child maintenance all need careful consideration.
Opting for non-confrontational dispute resolution methods can offer notable advantages in terms of time, finances, and emotional well-being. These approaches facilitate a smoother process for all parties involved and foster the possibility of maintaining a more amicable relationship with your former partner, which is especially crucial in high-net-worth divorces.
This approach proves particularly valuable if you share children, as contentious divorce proceedings can significantly impact their well-being. Additionally, in scenarios where lingering conflicts or animosity between parents exist, utilising non-confrontational methods becomes even more essential.
Currently, mediation stands as the prevailing method for navigating divorce proceedings. This strategy entails a series of deliberate discussions between you and your spouse, orchestrated by a trained, impartial third party known as a mediator.
The primary objective of these sessions is to address areas of disagreement and collaboratively devise voluntary solutions to resolve pertinent issues.
Before legal action, engaging in mediation is usually a prerequisite. Attending a Mediation Information and Assessment Meeting (MIAM) is mandatory to familiarise yourself with mediation’s principles and assess its compatibility with your divorce situation.
Mediation has a reputation as an expedient and cost-effective way to resolve the practical aspects of divorce. However, it might not be the most suitable choice in cases involving intricate concerns, as access to immediate legal counsel during the sessions is restricted.
At Monan Gozzett, we can support you through every aspect of the divorce process and find the solution that best suits your individual circumstances.
From the initial divorce application to dealing with the complexities that often arise with high-value financial settlements, we will help make your high-net-worth divorce run as smoothly as possible.
