18 Oct 2023
Alex Carruthers comments on the rise in ‘soft separations’ between HNW individuals in The Telegraph
In the post-pandemic economic landscape, no-divorce separation has risen significantly, particularly between high-net-worth individuals, as they seek to avoid high legal costs and major reputational damage.
This type of separation, while on the surface may seem financially beneficial, is not without its pitfalls.
Partner Alex Carruthers commented, “It is true that there are some tax advantages in being married, but there are dangers if the assets are all in one person’s name.”
Read Alex’s comments in The Telegraph, here.