Divorce & ‘Silver Separators’ - The Unique Factors Explored

Introduction

This webinar is intended to guide practitioners through the issues that arise with so-called ‘silver separator’ divorces.

The webinar will address the number of unique factors that present themselves in cases involving couples who divorce later in life. This need not necessarily mean a long marriage, with issues arising in cases involving mature couples after a relatively short marriage that have a greater significance than they perhaps would with younger parties. These issues could include the need for pension income, the treatment of significant contributions that may be made in cases of a second or subsequent marriage as well as looking at how to plan for the future with your clients.

Pensions are an inevitable consideration for those couples who have either reached or are imminently facing retirement, and with the recent caselaw and Pension Advisory Group report these assets should rarely be ignored save in unique circumstances.

With couples choosing to have children later in life than they used to, and with house prices continuing to rise, financially dependent adult children are often a feature of silver separator cases, more so than ever before.

The webinar will also look at how those situations can be catered for in a financial settlement.

What You Will Learn

This webinar will cover the following:

• Introduction
• Increase in numbers of couples separating in later life
• Factors to consider
• Capital division
• Income position
• Retirement
• Contribution arguments
• Career sacrifice during a marriage
• Non-monetary contributions
• Pensions
• Are they in payment?
• Should they be split?
• Offsetting
• Clean break principles
• Planning for the future
• Mortgage capabilities
• Housing need
• Income in retirement
• Support for adult children
• Conclusion

This webinar was recorded on 13th October 2022