Divorcing couples need a ‘clean, simple solution’
December 18, 2007 by admin
Filed under News, News-Banking
Couples going through a divorce should list their combined assets and agree on how to split them to ease problems and conflict, say leading financial advisers. 
Lowland Financial said couples should look for the most straightforward way of splitting assets in order to “find a clean, simple solution”.
Graeme Mitchell, managing director of Lowland Financial, said: “An awful lot depends on how they [people] react – often what you find is when people first part, they say: ‘We’re going to try to deal with this amicably’. Then as time goes on they get more and more bitter and twisted.”
He said that couples should start by listing all their assets which were already in place, then those which were accumulated while they were together.
According to the most recent government statistics, the UK’s divorce rate was 12.2 divorces per 1,000 marriages in 2006 following two consecutive years of falls.
The divorce rate is now at its lowest level since 1984.
