Not exact matches
Now I have to pay my husband half the appraised
value of my home in our
divorce settlement.
Create a short collection
of relevant statistics in your practice area like average cost
of a
divorce or average
settlement value of a personal injury claim.
In Myerson v Myerson [2009] EWCA Civ 282, fund manager Brian Myerson sought to have his share
of a # 9.5 m
divorce settlement reduced after his company's shares fell in
value.
A husband's attempt to vary a
divorce settlement after his investments fell in
value has failed in the Court
of Appeal.
The decision
of the Court
of Appeal in Iqbal v Iqbal [2017] EWCA Civ 19 has attracted some media attention for its setting aside
of a substantial
divorce settlement,
valued in the region
of # 3.5 m.
Whether you choose mediation, collaborative
divorce or other cooperative
settlement options, my knowledge, training and experience in all models will be
of value in furthering your efforts through a difficult transition.
For example, if you're working on a
settlement in a
divorce matter, the
value of the farmland or acrage might not be as high down the road as it is now.
If you and your spouse can agree on a
value, that agreed - upon amount should be included in your
divorce settlement agreement, and / or any separate stipulation or written agreement you enter into regarding the sale
of the home.
How this will play out in the
divorce arena remains to be seen, but my guess is that couples that are attempting to negotiate a
divorce settlement will have an easier time now that the
value of their house is starting to rebound.
However, as part
of your
divorce settlement process — and dependent on the division
of property regulations in your state — you might want to show that the property has gained
value over your marriage, perhaps due to improvements you made to it with marital funds.
You
value privacy in your personal affairs and do not want the details
of your
divorce and your
settlement to be available in the public court record
The ultimate goal should be to extract the maximum
value from the collection
of assets held at the beginning
of the
divorce process, so that each party gets as much as possible in the final
settlement.