Love will tear us apart

Tax planning

Professional Adviser
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Rob Noble-Warren, founder of Independence Financial Planning, explains how to protect your assets from a costly divorce

The couple walked into the office and announced their impending marriage. "What are the rules in this country on a divorce?" the lady said. She was from Iceland. He, a British management consultant trained at Insead, was more precise: "What we want to do is make sure that if we divorce, we can have a clean break. So how can we do that?" "I don't think you can," I said. "You might have considered this before you met - if you wanted this kind of planning to be effective." I explained that the divorce courts in the UK are subject to what the lawyers call the 'whims of the judge'. A nuptial se...

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