Divorce Day, or 'D Day' as it has become known, is just around the corner as January 10, the first working Monday of the month, approaches and advisers could see more client demand in the wake of a break-up, according to Brewin Dolphin.
The firm said that after some couples held it together for the sake of the family over the festive period, New Year is a popular time to start divorce proceedings. There were 107,599 divorces in 2019 in England and Wales, up 18.4% from 2018, according to the firm. Professional advice is key, according to Menna Cule, financial planner at the wealth manager. "Managing a divorce can be an emotional rollercoaster but with some smart advice at least the financial impact can be minimised, and future income needs protecting. "If you and your spouse can agree on what is a fair split, po...
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