This article was published on March 9th, 2017
A couple are battling over the assets in their divorce, in particular, a family holiday home in in the village of Cornamona, County Galway and have racked up legal costs so far of £800,000 on their divorce proceedings.
The couple are millionaires and are currently dividing up assets and cash worth 14 and 10 million pounds respectively which include a home in Wentworth Surrey, Florida and County Galway Ireland.
The Irish property seems to be particular pressure point as both estranged parties are fighting for ownership with the wife wanting complete ownership and the husband happy to share at separate times so that time can be spent with the children.
The estranged wife claims that the property is located in her ancestral home, a small village with minimal amenities and her mother living locally.
“It’s where I have been all my life – generations of my family,” “Life is full circle. It’s where I started out. It’s where I ended.”
The High Court Judge heard how she claims he is being spiteful in his claim on the property and, “He is just torturing me. He is just punishing me.”
Her estranged husband counter claimed that they built and extended the house on the lakeside together and have spent many happy holidays there. He is now retired and says he wants to live in Cornamona:
“I like to fish,”
“I like to walk, I play guitar, I like to cook, I like to read, I like to meditate.”
The couple’s 33-year marriage broke after the husband claimed his wife had an affair with someone he knew, a claim which she vehemently denies.
The division of assets is down to the discretion of a Family Law judge and it is important to be represented by a solicitor who can get you a fair and reasonable settlement without dragging the proceedings through the courts at a huge cost to you both.
For an informal chat and to take the first steps into finding out about what divorce involves, please contact our family law team on FREEPHONE 0800 1979 345.
Thorneycroft specialist divorce solicitors offer expert help and advice on the legal and financial implications of a relationship breakdown. Each member of the team has the required skills to negotiate a financial settlement ensuring a positive outcome for you.
IF you live in Macclesfield, Buxton, Holmes Chapel or surrounding areas and require divorce law advice or to discuss your separation in more detail please call one of our specialist solicitors or complete our simple online enquiry form.