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26 February 2009 / Georgina Vallance-webb
Categories: Features , Divorce , Family , Property
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High stakes

Best laid plans…the divorce settlement roulette, by Georgina Vallance-Webb

These rushing wives needed to be clairvoyants

For wives rooting for a quick settlement, a rushed house sale in the next few months could result in the loss of tens of thousands of pounds

When the credit crunch first took hold it was reported that a wave of unhappy wives of highly paid men went gushing into divorce. This was apparently with a view to minimising the negative effects of slashed bonuses, falling stock market prices and widescale redundancies and maximising the chance of obtaining a lucrative divorce settlement (27 May 2008, www.sky.com).
Now that the economy has slumped further into decline it is rumoured that wealthy wives en masse are making the hard-headed business decision to remain with their husbands under sufferance until their flagging stocks and shares start to recover. Reports like this are a depressing indictment of the unfortunate way in which modern relationships can work.

Safe as houses?
While at first blush such deliberate financial planning may sound like good

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MOVERS & SHAKERS

mfg Solicitors—Hayley Pearce & Lauren Williams

mfg Solicitors—Hayley Pearce & Lauren Williams

Law firm mfg Solicitors announces promotions at Ludlow office

Womble Bond Dickinson—Richard Sharpe

Womble Bond Dickinson—Richard Sharpe

Womble Bond Dickinson appoints partner in Leeds residential team

Brabners—six promotions

Brabners—six promotions

Brabners adds six to partnership in record year for partner promotions

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