AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Navigating Divorce Financials
This chapter explores the intricate financial considerations involved in marriage and divorce, particularly focusing on asset division, trusts, and pensions. It highlights the importance of legal advice in classifying assets, the impact of capital gains tax, and the procedures for splitting pensions, including varying regulations across the UK. The discussion emphasizes the necessity of understanding the implications of financial decisions to safeguard individual futures during and after divorce.