This calculator will help produce a starting point for resolution of divorce and civil partnership dissolution financial claims and to assist a settlement on capital aspects. Specialist legal advice should be taken.
In summary, all assets acquired during the marriage (including assets acquired during pre-marital cohabitation as if married) are shared equally. In certain circumstances there may be an unequal division for fairness reasons. Invariably this is to provide for the additional needs of one spouse, and in particular the primary carer for any children. All other assets, non-marital assets, are not shared at all unless, again, required for fairness reasons, primarily the needs of one spouse.
Sometimes nonmarital assets are mixed and mingled with marital assets and therefore may become marital assets themselves and subject to the starting point of automatic equal division. Sometimes nonmarital assets grow in value during a marriage, without any specific involvement of either spouse e.g. through market forces, and this passive growth may sometimes be treated as a marital asset.
Gifts, inheritances and some post-seperation assests are treated as non-marital.
The International Family Law Group LLP is a limited liability partnership registered in England (company number OC362777) whose registered office is at Hudson House, 8 Tavistock Street, London, WC2E 7PP.
A list of the members of the LLP is displayed at the above address together with a list of those individuals designated as partners who are not members of the LLP.
We are a firm of solicitors practicing in the UK. As solicitors we are authorised and regulated by the Solicitors Regulation Authority (SRA ID: 560727) and are subject to the Solicitors Code of Conduct 2011.
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We have developed this Digital Tool to help you navigate your way through the most common legal questions which may arise during or at the breakdown of a relationship and to help you know your rights.
At iFLG, we believe in helping families to understand the law and resolve any family disputes as simply, quickly and cost effectively as possible. Personalised legal advice should always be taken. Particular circumstances may change the outcome. Our lawyers are available to help on +44 (0) 203 178 5668 or email@example.com.