Welcome to Intelligent Divorce

The Money and Divorce blog is brought to you by Intelligent Divorce, the new way to get fixed-fee specialist legal advice on splitting your money when you divorce.

Our blog provides illustrated practical guides for those going through the divorce process, plus news on divorce, money and family breakdown.

"I would like to let you know that I found your website so invaluable in my divorce process. I am having to represent myself due to lack of finances and I know for a fact I wouldn't have been able to do it had it not been for your fantastic website. I would recommend it to anyone who find themselves in a similar situation to me." Madeleine

12 November 2012

Judge warns that wives divorcing wealthy husbands can no longer expect large payouts

Wives who divorce wealthy husbands have been warned by the most senior family judge, Lord Justice Thorpe, that they cannot expect large payouts simply because they are used to an affluent lifestyle (reports The Telegraph).

Making the comments while presiding over the hearing of multi-millionaire hotel boss Andrew Morris Davies, who is battling to cut the £2.75m payout awarded to his ex-wife Debra Ann Davies, Lord Justice Thorpe said the days of wives receiving multi-million pound lump sums to keep them in the style to which they have become accustomed are over.

He said payouts in "big money" divorces, where wives feel it is "reasonable" to ask for millions to maintain their lifestyle should be consigned to history, adding: "We only talk about 'needs' when there isn't a lot to go round." "The bigger the family fortune, the less relevant needs become," he added.

Read the full story here.