Course description
During divorce, couples must declare all personal belongings which have a value of £500 or more which now increasingly includes designer goods such as handbags, jewellery, clothing, shoes and watches. The rising prevalence of this type of divorce dispute has led to the popularisation of the term ‘Handbag Divorces’, and it is only a matter of time before you face their complexities in your practice.
Amanda Phillips-Wylds presents this concise and informative webinar which summarises the unique problems that can arise.
It will cover what the disclosure process requires, how gifts made during the marriage are treated, how the court treats these types of assets, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
With ownership of luxury goods becoming more commonplace, and their values increasing, division of prize possessions during divorce is no longer an exclusive problem for the ultra-wealthy.
During divorce couples must declare all personal belongings which have a value of £500 or more, including handbags, jewellery, clothing, shoes, and watches.
With the cost of many designer goods sitting comfortably above the £500 threshold, so called ‘Handbag Divorces’ are on the rise.
Given the emotional connection to these types of belongings, some people can lose sight of the bigger picture very quickly meaning that divorces of this nature can become very challenging to deal with.
What You Will Learn
This webinar will cover the following:
- What the disclosure process requires
- How gifts made during the marriage are treated
- How the court treats these types of assets
- How and when expert evidence can be helpful
- Managing client expectations and attitudes when it comes to assets laden with emotional connotations
- How Pre and Post Nuptial Agreements can be helpful
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...