April 2025

If you are going through a divorce and own a business, you may be concerned about whether your spouse is entitled to a share of it. This is a common question, particularly for those who have built a business independently or inherited a family company. The answer depends on a range of factors, including how and when the business was acquired, and how it has contributed to the marriage.

When a couple divorces, one of the most important financial issues to resolve is how their assets will be divided. This can include property, pensions, savings, and in some cases, a business. Whether or not a business is considered marital property depends on several factors, including when it was established, how it was run during the marriage, and the extent of each spouse’s involvement.

When relationships break down within a family, grandparents can sometimes find themselves cut off from their grandchildren, despite having previously played a vital role in their upbringing. This situation can be distressing and emotionally challenging. Many grandparents are left wondering whether they have any legal rights to maintain a relationship with their grandchildren under UK law.

When a relationship breaks down, a separation agreement can provide a way for couples to manage their affairs and agree on key issues such as finances, property, and child arrangements. However, many people wonder if such agreements are legally binding and what their implications are.

When a civil partnership breaks down, one of the partners may wish to end the relationship legally by dissolving it. The dissolution process in the UK is similar to divorce, but there are specific legal steps to follow. Understanding the dissolution process is important to ensure that the process is handled efficiently and correctly.

When a marriage ends, one of the most complex issues that may arise is how to divide assets, particularly when one or both spouses own a business. A business can be one of the largest assets in a divorce, and dividing it fairly can be challenging. In the UK, businesses are usually treated as part of the marital assets and are therefore considered in the settlement, even if only one spouse has an interest in the business.

During a divorce, one of the most significant financial issues that may arise is how a couple should divide their assets. While some may choose to sell the asset in question, another solution may be for one spouse to buy out the other’s share. This can apply to a family home, a business, or even other shared investments. However, the process is not as straightforward as simply handing over money. It involves careful consideration of the asset’s value, the financial capabilities of both parties, and the terms of the divorce settlement.

Divorce can be a complex and emotional process, particularly when it comes to dividing finances. One of the most valuable assets in a marriage can be a pension, and NHS pensions are no exception. Understanding how these pensions are treated in divorce is important to ensure that any settlement is fair, reasonable, and meets the needs of both parties.