Divorce Coping Tip for 14th October 2016

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When your divorce comes down to the bare bones of finances, that’s often the time when tempers fray and subversive plans are hatched.

A good and fair solicitor should advise you to split your joint wealth 50/50 so you both have an equal opportunity to get on your feet with the funding you’ve both acquired. Sadly, that’s not always the case.

A bad advisor with the bit between their teeth might urge you towards disposal of your assets to family and friends, for example, selling your boat to your sister for £5.00. This would leave you with a bottom line on your financial statement of far less than you are actually worth and would of course reduce the fair division of wealth between you and your ex to unreasonable levels.

You run a huge risk of being caught out and if the tide turns, of walking away with a fraction of the value you amassed during your marriage.

Dirty tricks are precisely that, dirty. Bad karma has a way of catching up with you and biting you in the backside when you least expect it; play fair and be a decent human being.

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