Surge in divorce settlements contested in the courts due to rising financial uncertainty - IFA Magazine

Surge in divorce settlements contested in the courts due to rising financial uncertainty - IFA Magazine

Number of contested financial remedy orders at highest level in 15 years Exodus of high-net-worths fuelling disputes with complex asset portfolios The number of divorce settlements being contested in the courts has surged to its highest level in 15 years, according to Nockolds, the leading law firm. According to data obtained from the Ministry of Justice, 10,300 financial remedy orders were contested in the family courts in 2024, up from 6,191 t…

66% increase in the number of contested financial settlements - Today's Family Lawyer

Rising living costs and have been attributed to a 66% increase in the number of settlements being contested as the number disputes arising from divorce awards hits a 15 year high.  There were 76,000 divorces in 2023, a 30% fall in the number of divorces since 2021, and the lowest number in total since 1971. The 10,300 financial remedy orders contested in the family courts in 2024 represented at 66% increase on 2023 and the highest number of fina…