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InsightsPosts From January 2011

How to Protect the Family Business on Divorce

If anyone ever thought marital problems and breakdowns may have reduced in the current economic client, the following statistics show just how wrong they are. There were 119,589 divorces in England and Wales during 2010, an increase of 5 per cent on the previous year. One in three marriages now breaks down by the 15th anniversary, with more couples in their early forties splitting up than in any other age group, whilst the average marriage now only lasts 11½ years. The recession has put couples under greater financial strain; divorce rates also rose in 1993 following the 1990-1992 recession.

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