No two cases are ever the same and a 50/50 split is not always appropriate. It is also important to see what is financially at stake, to check that all of the assets and income have been disclosed and that the valuations are accurate.
When considering the financial issues, a court is guided by a number of factors to include:
- the welfare of any minor children
- income, earning capacity, assets and financial resources
- financial needs, obligations and responsibilities
- standard of living
- age of each party and the length of the marriage
- health of each party
- contributions (financial and non-financial)
- loss of certain rights
It is important that specialist legal advice is obtain to consider these points and so that the financial outcome is both fair and reasonable. Where court proceedings are necessary then then the case should be robustly dealt with to achieve the best possible outcome.