Osbourne Pinner, one of London’s premier law firms, has expanded its High Net Worth Divorce service to become one of the largest in the region.
With offices in Piccadilly Circus and Harrow, Osbourne Pinner has established an unmatched reputation in various legal areas. The firm now offers a specialised service tailored to individuals with substantial wealth seeking divorce.
Osbourne Pinner’s High Net Worth and Ultra High Net Worth divorce service have witnessed significant growth in recent years, solidifying the firm’s position as a leading solicitor in this field throughout London. The firm’s team of Family and Divorce Law Solicitors charges a fixed fee, ensuring transparency and eliminating hidden costs associated with obtaining their invaluable legal expertise.
High Net Worth divorces are characterised by a combined net worth of £1 million or more between spouses. These cases often involve intricate financial and legal intricacies, necessitating expert legal counsel and representation.
In addition to the complexities inherent in standard divorces, high net worth divorces introduce legal, commercial, and financial considerations that do not typically arise in conventional divorces.
Key issues in high net worth divorces encompass the international lifestyles of many high net worth individuals, resulting in intricate asset structures, including onshore and offshore trusts. Handling these matters, including enforcement, taxation, and international jurisdiction, requires expertise in international legal matters to ensure equitable and efficient division of offshore assets.
High net worth divorces may also involve challenges related to non-disclosure of assets. Assessing the value of assets begins early in the process to address potential non-disclosure concerns, especially when a significant portion of assets is held in offshore trusts, where accessing information can be time-consuming.
Osbourne Pinner provides crucial support in navigating these complex arrangements, including seeking disclosure in overseas jurisdictions and establishing whether a spouse possesses undisclosed resources.
Moreover, high net worth divorces must consider pre- and/or postnuptial agreements, which, while not legally binding in the UK in divorce cases, can carry significant weight and be enforceable by a court in the event of a dispute. Osbourne Pinner’s expert team meticulously examines existing agreements during early discussions with high net worth divorce clients.
Additionally, such divorces may involve issues related to child custody, child support, and maintenance, including school fees. These discussions can be emotionally charged, and Osbourne Pinner’s team offers expert support through the child arrangement order process to provide clarity and guide informed decisions.
Rashmika Mehta, Head of Family Law at Osbourne Pinner, commented, “We are delighted to witness the growth of this essential service, and it is very rewarding to see Osbourne Pinner being recognised across the region for the quality of our High Net Worth divorce service.”
She added, “High Net Worth divorces have added complexity to their procedures and judgments, meaning the process can bring added pressure and complications. For this reason, a high net worth divorce requires expert legal advice, representation, and support.”
Osbourne Pinner advocates the use of arbitration, mediation, and collaboration in high net worth divorce cases to achieve resolutions without resorting to court litigation.
The firm’s expert team also specialises in No-Fault Divorce, which became legal in 2022. In a no-fault divorce, couples can end their marriages or civil partnerships without assigning blame, reducing guilt and animosity. While less common for high net worth individuals, couples seeking an amicable separation can rely on Osbourne Pinner’s expertise to navigate the process.
Osbourne Pinner’s expert team also has experience in same-sex high net worth divorce, Islamic divorce under Sharia law, and the complexities arising from cultural and religious differences.
Rashmika concluded, “With our trusted, dynamic approach, you’re assured of an optimal outcome, regardless of the level of complexity involved in your considerations, assets, and structures.”
Osbourne Pinner offers free consultations for high net worth individuals seeking divorce and requiring the guidance of a team of expert solicitors. Appointments can be scheduled through the firm’s website contact form.
For more information about Osbourne Pinner, please visit their website.