The value of a family business or business interest is treated as an asset and therefore part of the matrimonial pot to be distributed when it comes to negotiating a financial settlement on divorce or...
Inherited Wealth, Extravagant Living and a Fair Division: Robson v Robson
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Feb 1, 2011, 09:59 AM
Article ID :95123
Barrister, Oriel Chambers, Liverpool
The Court of Appeal's decision in Robson v Robson  EWCA Civ 1171,  1 FLR (forthcoming) takes a refreshingly common sense approach to the fair division of resources on divorce between two parties, who had been fortunate enough to inherit large wealth from the husband's late father. They had, thereafter, lived a married life intent, as second generation recipients, on spending the same on their own enjoyment.
To read the rest of this article, see February  Family Law journal.
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