Episode 39: The realities of high-net-worth divorce - podcast episode cover

Episode 39: The realities of high-net-worth divorce

Jul 23, 202438 minSeason 5Ep. 39
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

High-net-worth divorce brings its own unique challenges, especially around understanding, valuing and dividing complex earning structures, assets and pensions, often with international elements. 

In this episode, Ceri Griffiths a chartered financial planner specialising in supporting women divorcing high earners shares her advice on how to navigate the unique issues that high-net-worth divorce can bring. 

01:43 What is a high net worth divorce? 
03:40 Common power imbalances in high-net-worth marriages 
05:00 The lack of knowledge and understanding around finances 
05:40 The prevalence of narcissism in CEOs and challenges
08:55 What is the sharing principle in divorce?
10:00 The legal bit on needs v sharing in divorce 
14:04 The importance of due diligence 
15:30 Understanding complex earning structures 
21:19 Challenges of Private Equity and Hedge Managers remuneration
23:48 The division of assets and Wells sharing 
27:14 Understanding what you need for the future and life post-divorce
28:50 What is cashflow forecasting, and how does it help? 
31:18 Looking beyond the 50/50 percentages
32:10 Specific challenges of high-net-worth divorce 
33:14 Breaking the gold digger myth
34:00 Getting a final outcome you can live with 
36:35 Ceri’s top tips for people going through a high-net-worth divorce 

Additional resources

Taking control of your finances on separation: https://youtu.be/CIp6n4pgd9k  
Understanding pensions on divorce: https://bit.ly/41ryik4  
Divorcing or separating from a narcissist:  https://youtu.be/rCCfyHHKCfk 
Recognising and dealing with economic abuse: https://spoti.fi/3VndusS 
How to prepare for your financial settlement: https://shorturl.at/bnpQT 

If you need support with the issues raised in this podcast, or would like to speak to a family lawyer, contact Stowe at: https://bit.ly/35WPSj2

Join our list to get the latest from our lawyers, divorce coaches and relationship experts sent monthly to your inbox. Everything you need, in one

🔎 Access further free resources to help you through a relationship breakdown and beyond at Stowe support.

Instagram https://www.instagram.com/stowefamilylawuk

Facebook - https://www.facebook.com/stowefamilylaw

LinkedIn - https://www.linkedin.com/company/stowe-family-law/

YouTube - https://www.youtube.com/c/StoweFamilyLaw1

This podcast is brought to you by the Stowe talks team at Stowe Family Law - https://www.stowefamilylaw.co.uk/

For the best experience, listen in Metacast app for iOS or Android