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Does all property have to be divided up when divorcing?

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Does all property have to be divided up when divorcing?

There is a common assumption that all property assets, such as the family home and investment properties, are shared by spouses and so subject to sale or sharing out on divorce. This is not necessarily the case.

If you acquired or inherited a property before your marriage or civil partnership – or did so after your separation - then it may not be counted as a ‘shared’ asset if the financial needs of the two parties can be met without taking such property into account. This is more likely to be the case in situations where the marriage was relatively short. However, the law is not clear cut on the circumstances in which property is likely to be regarded as a shared asset or otherwise. As always, it is best to seek legal advice from a specialist family lawyer before reaching an agreement with a spouse or civil partner over the division of assets.

Our articles are intended for general information purposes only and are not a substitute for professional advice tailored to your specific circumstances. We are always very happy to discuss any plans, issues or concerns you may have and to clarify how we might be able to help. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.