Osbourne Pinner is a team of leading divorce solicitors with offices in Piccadilly and Harrow.
We have a strong track record in representing High Net Worth individuals through the legal processes of divorce. With our trusted, dynamic approach, you’re assured of an optimal outcome – however complex the considerations, assets, and structures.
High Net Worth divorces frequently involve highly complex financial and legal structures, procedures, and judgments. For this reason, it requires expert legal advice and representation.
The complexity of High Net Worth divorce cases arises for several reasons:
These are all strong reasons for seeking expert legal assistance from a firm with successful experience
Osbourne Pinner supports you through every aspect of the legal divorce process:
The international lifestyle of High Net Worth couples can add significant complexity in High Net Worth Divorce cases. Establishing the jurisdiction where the divorce proceedings will be heard is an early and essential consideration.
The choice of one jurisdiction over another can have enormous financial implications for either party. Where parties have connections to multiple jurisdictions, disputes can arise over the choice of jurisdiction in which the divorce will proceed. It’s important to take early legal advice in any High Net Worth divorce to understand which jurisdiction will be most favourable.
Osbourne Pinner works with our clients to secure the procedure of the case in the most favourable jurisdiction.
There are further international dimensions in High Net Worth Divorces because of the way assets are held across jurisdictions. Offshore trusts and complex offshore business structures can lead to non-disclosure and accusations of non-disclosure. Our tenacious team will help you to shed light on these complex financial arrangements at an early stage. We know from experience this can have a significant impact on outcomes.
Courts in England and Wales enjoy broad discretion when assessing a spouse’s financial needs. In High Net Worth and Ultra High Net Worth divorce cases, where the family will have enjoyed a very high standard of living, needs must be calculated in a more generous way than an ordinary divorce.
The establishment of spousal needs will have a decisive impact on the financial settlement, especially when children are involved. Osbourne Pinner has a strong track record representing parties on either side of the equation.
Inevitably, a great deal of time and resources during High Net Worth divorces and Ultra High Net Worth divorces will be focused on the disclosure and non-disclosure of assets. Furthermore, establishing whether the assets are matrimonial or non-matrimonial can have implications running into many millions of pounds.
Given the significant sums involved, establishing the matrimonial status of assets must be a key focus for your legal team. For example, the origin of dynastic wealth may justify a departure from the principle of equality. However, where the needs of the spouse and any children cannot be met by matrimonial wealth alone, there may be grounds to seek to share non-matrimonial property or assets.
Understanding the value of assets should begin at an early stage in High Net Worth Divorce proceedings. This is particularly true where non-disclosure of assets could be an issue or where a significant proportion of assets are held in offshore trusts where it takes time to unlock information.
Osbourne Pinner can support you throughout the untangling of these complex arrangements, including seeking disclosure in overseas territories and establishing that a spouse holds significant undisclosed resources.
Further complexities can arise in High Net Worth Divorces where a significant amount of assets is held in a privately owned business. Osbourne Pinner supports our clients to shed light on complex ownership structures, including inter-related onshore and offshore corporate and trust structures.
Further complexity arises here because the assets held in the business can be difficult to distribute. In some cases, the solution requires one party to raise funds to buy shares. In other scenarios, it may be necessary to sell the business to share the assets held in the business. The Osbourne Pinner team is experienced in dealing with these issues and will support you in finding and agreeing on the best commercial outcome.
Osbourne Pinner has a strong track record in representing High Net Worth individuals through the legal processes of divorce. With our trusted, dynamic approach, you’re assured of an optimal outcome – however, complex the considerations, assets, and structures.
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