One of the common questions that we receive from our clients is: how would my spouse’s insolvency affect me if I were to file for divorce?
Separation and divorce generally require specific arrangements related to the home that a couple shares: rented or owned, in one or in both names, you may still have rights to live there.
In divorce proceedings everything owned or controlled by the parties is to be considered as part of the matrimonial pool. However, there is a difference regarding the assets which have been inherited.
There are many cases where mental illness is actually one of the main factors causing a relationship to break up and lead couples to separation and divorce
Divorce can be linked to specific and long-term impacts on health and overall mental well-being. Naturally when the main caregiver is emotionally stressed, his or her children would inevitably suffer too.
Many spouses are surprised to learn just how commonplace it is for the counterpart to hide assets before or during divorce proceedings. Despite being illegal, similar situations and despicable behaviours keep happening time and time again.
All family assets – including Trusts – held in Hong Kong and overseas are normally considered part of the ‘matrimonial pot’ in divorce proceedings
Valuation of artworks is the first step that an investor should think about as it has deep consequences in wealth and estate planning, as well as in case of future divorce proceedings.
A brief look at the principles on ancillary relief in divorce proceedings in Hong Kong and some common scenarios relating to disputes on family assets
In the event of the dissolution of marriage issues relating to children of the marriage often cause the most heated disputes between the spouses