Finances
“We are splitting up so will just have to divide all of our assets down the middle.”
It can depend on the circumstances. Certainly with a long marriage, the court will try where possible to apply a ‘yardstick of equality’ to share things fairly. But if there are discrepancies – if one party is earning a lot more than the other, or if they wish to keep their pension intact, for example – the court may still award more of the capital to one party to even things out. If there are children involved this can change everything.
Visit the main Woolley & Co website For more information on Finances.