The economic crisis may accelerate divorces amongst high net worth (HNW) individuals as the economic downturn impacts asset values, according to private client law firm Forsters.
Jo Edwards, partner and head of family at Forsters, argued wealthier spouses who own businesses may decide now is an opportune moment to negotiate financial settlements.
If their business has been negatively impacted, they may be able to agree a settlement with their spouse based on ...