Contractor Ltd Company and divorce

[fullyautomatix]

Hi

Can my spouse take 50% of the business (the profits in the account) including Directors Loan?
I own 100% share currently, if I was to give some of this away to family member, would this prevent spouse getting hands on it?

Thanks

Yes your spouse is entitled to 50% of all your assets.
No, she is not taking over any of your liabilities.
No, you cannot gift away assets to family members to deprive your ex of her claim.

Lastly, don't be a scumbag. Follow the law. Divorce is messy and your ex is going to take care of your children. So don't do anything out of spite. Don't make your children suffer because of any issue you have with your ex.

[CoolCat]

get in touch with Fathers4Justice

the laws are very anti men, and it would be best to have some pointers from Fathers4Justice to help

good luck

[NotAllThere]

Then you need to find the wise man called BrilloPad.

Brillopad, Brillopad, Brillopad.





... hmm, not working

[mudskipper]

Why is everyone assuming OP is male?

[GJABS]

get in touch with Fathers4Justice

And, OP, if you get involved in any of their protests, do be sure to live stream your footage from the roof of the Houses of Parliament, or Windsor Castle, on here

[Gibbon]

get in touch with Fathers4Justice

the laws are very anti men, and it would be best to have some pointers from Fathers4Justice to help

good luck

Don't go anywhere near them unless you want to join in the spite. I've been through this 20 years ago. The laws are not anti-men but pro-children. Do what you can to get a clean break even if it means giving up > 50%. You can make it up later in life. If you have children, do the right thing and just accept that supporting the children inevitably means supporting the parent with care. A happy parent helps produce a happy kid(s).

[northernladuk]

A happy parent helps produce a happy kid(s).

Guess it's a good thing I didn't have any then.

[meridian]

Guess it's a good thing I didn't have any then.

Happy parents? Or happy kids?

[PhiltheGreek]

And, OP, if you get involved in any of their protests, do be sure to live stream your footage from the roof of the Houses of Parliament, or Windsor Castle, on here

Make sure you check the ridge tiles if you're up the roof though, that'll save us a couple of bob.

[northernladyuk]

Guess it's a good thing I didn't have any then.

When did you start to suspect?