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Protecting Assets in a High-Net-Worth Divorce

Case Study Caption

A high-net-worth couple in Liverpool sought a divorce, with significant assets, including businesses, properties, and investments, at stake. The case was complicated by allegations of hidden assets and financial misconduct.

The couple, both successful entrepreneurs, had built a substantial fortune during their marriage. However, their relationship had deteriorated, leading to a bitter divorce. The wife claimed the husband had hidden assets in offshore accounts, while the husband accused the wife of financial mismanagement.

Legal Strategy: Ben Waters worked with forensic accountants to uncover hidden assets and ensure a fair division. He also drafted a prenuptial agreement to protect the client’s future interests.

Process:

  1. Asset Valuation: Ben worked with forensic accountants to value the marital assets.

  2. Hidden Asset Investigation: He conducted an investigation to uncover hidden assets.

  3. Negotiation: Ben negotiated with the opposing legal team to reach a fair settlement.

  4. Agreement Drafting: He drafted a settlement agreement outlining the division of assets.

  5. Court Approval: The agreement was submitted to the Liverpool courts for approval.

Challenges:

  • Hidden Assets: Uncovering hidden assets required extensive investigation.

  • Emotional Tensions: The divorce was emotionally charged, making negotiations difficult.

  • Financial Complexity: The couple’s assets were extensive and complex, requiring detailed analysis.

Time Frame: 12 months

Result Implication: The client retained control of their business and received a fair share of marital assets.

Lawyer: Ben Waters

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