Record growth for Osbourne Pinner’s High Net Worth Divorce service

The firm, which has offices in Piccadilly Circus and Harrow and has an unrivalled reputation in all the legal areas in which they defend their clients, offers a specialised service for people with high levels of wealth who are seeking a divorce.

Osbourne Pinner’s High Net Worth and Ultra High Net Worth divorce service has seen high levels of growth in recent years, making the firm a leading solicitor in this field across the London area. The firm’s team of Family and Divorce Law Solicitors charge a fixed fee, ensuring no hidden costs of obtaining the team’s valuable legal expertise.

High Net Worth divorces occur when the husband and wife have a combined net worth of £1m or more. They frequently involve highly complex financial and legal structures, procedures, and judgments, meaning that expert legal advice and representation is strongly recommended.

In addition to the complexities that come with a standard divorce, a high net worth divorce will also raise legal, commercial, and financial issues that wouldn’t normally be part of a regular divorce. 

Some of the key issues in high net worth divorce can include factors such as the international lifestyle of many High Net Worth individuals and the subsequent complexity of their assets, including onshore and offshore trusts and structures. With many issues to consider, including enforcement, taxation, and international jurisdiction, expertise in international jurisdiction is essential to ensure any offshore assets are divided fairly and efficiently.

HNW divorce can also create issues around the non-disclosure of assets. Understanding the value of assets begins at an early stage, to account for the possibility that non-disclosure of assets could be an issue or where a significant proportion of assets are held in offshore trusts where it takes time to unlock information.

Osbourne Pinner supports clients through the process of untangling these complex arrangements, including seeking disclosure in overseas territories and establishing that a spouse holds significant undisclosed resources. 

HNW divorces must also account for any pre- and/or postnuptial agreements that may be in place. Although pre- and postnuptial agreements aren’t legally binding in the UK in the case of a divorce, they can be decisive and enforceable by a court if there’s any kind of dispute so Osbourne Pinner’s expert team establish what agreements are in place at an early stage in discussions with HNW divorce clients.

In addition, a HNW divorce may have to consider custody of children, provision of child support and maintenance such as school fees. Such discussions can be distressing for all those involved, so the Osbourne Pinner team provide their expert support through the child arrangement order process, helping clients to gain clarity and make informed decisions.