LMP partner Alison Hayes has featured in a Tatler article written by Annabelle Spranklen as she looks at Standish v Standish and what promises to be a landmark divorce case, which began in the UK Supreme Court last month.
Annabelle prefaces the article saying that Standish v Standish is “one of the most significant cases on financial settlements to reach the highest court in nearly two decades and it raises a vital question: should assets acquired before a wedding – often referred to as non-matrimonial property – be shared when the marriage breaks down?
Alison was one of the legal experts approached for comment and she highlighted the need for all private wealth advisers to have a more a holistic approach to protecting family assets and safeguarding legacy wealth and that ‘there is most definitely a steady increase in the number of prenuptial agreements being used and increasing momentum from the older generations, for these agreements to be considered essential for younger members of wealthy families who are looking to marry.’
