ADVERTISING FEATUREEquality of Division of Assets onDivorce Abolished? Hardly- There are many considerations in the division ofassets says Family Law expert Mark Heseltornhe popular press has madea great deal of a recent Courtof Appeal case, reporting thatthere had been a significantcouple had no children and they hadmaintained their finances completelyseparately during their marriage.departure from the general principle Furthemore, the wife in this case hadthat the assets built up by a couple rcived massive bonuses duringduring their marriage are to be split the time they were married in hermore or less equally on divorce.role as a trader in the wholesale fuelmarket. In his commentary on theIn the family court, the judge haddivided the couple'sassets 'down themiddle, awardinga weathy tradersruling of Lord JusticeJustice McCombesaid, "...statutedirects attention toa wide variety ofcriteria for resolutionof matrimonialfinance problems,one of whichhusband £2.75mof total assets ofE5.45m. This ledto a challenge bythe wife, who hadMark Heseltoneamed the largemajority of themoney On appeal, the is expressly the duration of theusband's settlement was reduced mamiage. The principle of equalityto the ownership of one of thecouple's two houses plus 900,000 majority of cases as the House ofas a lump sumThe total value of his Lords cases have decided, but (not)settlement was E2m. His ex-wife was to the small minorty," adding that thealso required to pay E80,000 of his facts in this case were 'confinedE200,000 legal costs.obviously properly applies to the vastThe above artide is for informationThe reality is that the circumtancs only and does not constituteof the case were unusual and also legal advice. For expert advice onthat there have been a numbeof any Family or Matrimonial issuesdepartures from the equality principle contact Mark on 020 8370 2876 orIn the case in point, the mamiage by email atwas very short (only six years), the markheselton@vanderpumps.co.uk.Vanderpump & Sykes has been serving the needs of the local community since1899 and offers advice on company and commercial law, conveyancing, family law,debt collection, and wills and probate.Open until 8pm Wednesday evenings, by appointment only.Offer: A fixed fee of £75 plus VAT for first appointments for matrimonial,employment and litigation matters.VANDERPUMP&SYKESSOLICITORSAuthorised and regulated by the Solicitors Regulation AuthorityLough Point, 2 Gladbeck Way, off Windmill Hil, Enfield, EN2 7IATelephone: 020 8367 3999, or freephone 0800 731 6124,email: enquiries@vanderpumps.co.uk,website: www.vanderpumpandsykes.co.uk

Date: 24 January 2018

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ADVERTISING FEATURE Equality of Division of Assets on Divorce Abolished? Hardly - There are many considerations in the division of assets says Family Law expert Mark Heseltorn he popular press has made a great deal of a recent Court of Appeal case, reporting that there had been a significant couple had no children and they had maintained their finances completely separately during their marriage. departure from the general principle Furthemore, the wife in this case had that the assets built up by a couple rcived massive bonuses during during their marriage are to be split the time they were married in her more or less equally on divorce. role as a trader in the wholesale fuel market. In his commentary on the In the family court, the judge had divided the couple's assets 'down the middle, awarding a weathy traders ruling of Lord Justice Justice McCombe said, "...statute directs attention to a wide variety of criteria for resolution of matrimonial finance problems, one of which husband £2.75m of total assets of E5.45m. This led to a challenge by the wife, who had Mark Heselton eamed the large majority of the money On appeal, the is expressly the duration of the usband's settlement was reduced mamiage. The principle of equality to the ownership of one of the couple's two houses plus 900,000 majority of cases as the House of as a lump sumThe total value of his Lords cases have decided, but (not) settlement was E2m. His ex-wife was to the small minorty," adding that the also required to pay E80,000 of his facts in this case were 'confined E200,000 legal costs. obviously properly applies to the vast The above artide is for information The reality is that the circumtancs only and does not constitute of the case were unusual and also legal advice. For expert advice on that there have been a numbeof any Family or Matrimonial issues departures from the equality principle contact Mark on 020 8370 2876 or In the case in point, the mamiage by email at was very short (only six years), the markheselton@vanderpumps.co.uk. Vanderpump & Sykes has been serving the needs of the local community since 1899 and offers advice on company and commercial law, conveyancing, family law, debt collection, and wills and probate. Open until 8pm Wednesday evenings, by appointment only. Offer: A fixed fee of £75 plus VAT for first appointments for matrimonial, employment and litigation matters. VANDERPUMP&SYKES SOLICITORS Authorised and regulated by the Solicitors Regulation Authority Lough Point, 2 Gladbeck Way, off Windmill Hil, Enfield, EN2 7IA Telephone: 020 8367 3999, or freephone 0800 731 6124, email: enquiries@vanderpumps.co.uk, website: www.vanderpumpandsykes.co.uk

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