Divorce – What Happens When Assets are Simply Insufficient to Meet Needs?
2nd January, 2024For every headline-grabbing 'big money' divorce case there are hundreds of others where a former couple's assets are simply insufficient to meet their reasonable needs. As a High Court ruling showed, judges take a gender-neutral approach to such cases, striving to achieve the fairest possible outcome. The case concerned a couple whose marriage, at least on paper, lasted for about 18 years. For all but six of those years, however, they were married in name only. The marriage had, in effect, been over for well over a decade by the...