Protecting family wealth
We understand that family law matters can extend beyond the immediate couple involved. If you have a vested interest in the assets relating to a relationship, we can help protect your rights and interests.
Assets that form part of divorce proceedings are not always legally owned solely by the individuals separating. This could include assets held by a trust, joint property or business interests; or money may have been loaned or gifted to the couple, for instance, when the “bank of mum and dad” helps with purchasing a home. In such situations, it is right that the third party has a voice in the divorce proceedings to ensure that their interest in the asset is protected. We have extensive expertise in acting for (and also against) third parties in divorce proceedings, including in the High Court and Court of Appeal.
We aim to protect third-party interests early to avoid significant costs. However, in some cases, third parties need to be formally included in existing family proceedings. This inclusion grants you the right to participate and ensures you are subject to any court orders. If there is a dispute over whether an asset belongs to the divorcing couple or a third party, the Court may order a ‘Preliminary Issue’ hearing to determine the asset’s ownership. We are here to guide you through this process, ensuring your interests are safeguarded.
We can also help protect your family interests at the point of marriage or civil partnership, by advising on the use of nuptial agreements and updating your wider succession and estate plans via our specialist private client team.