International divorce presents unique legal challenges, especially for ultra-high-net-worth individuals (UHNWI), such as international professional athletes and business executives. Beyond Borders is a six-part series that delves into the complexities of cross-border divorce, featuring the fictional story of a Spanish footballer in the Premier League. The series highlights the risks of divorcing abroad and the intricacies of international family law.
Written by our international family law expert Olalla Garcia-Arreciado, this series provides valuable insights into managing the financial, personal, and legal impacts of international divorce for international athletes and other UHNWI.
Understanding cross-border divorce for international footballers
International divorces often involve multi-jurisdictional conflicts, making issues like financial settlements, asset division and child arrangements and/or relocation, significantly more complex. For UHNWI, these challenges carry substantial financial risk, especially when wealth is spread across multiple countries. Each chapter of the Beyond Borders series addresses critical aspects of cross-border divorce, offering practical strategies to protect assets and navigate legal hurdles effectively.
The series follows the fictional case study of Xabier and Sara, examining the legal and financial consequences of international divorce between Spain and England. It provides key insights for international footballers and other UHNWI on the following aspects:
- Protective measures for asset protection: The importance of marriage contracts and nuptial agreements in safeguarding wealth.
- Jurisdictional battles: Navigating the complexities of choosing between English and Spanish courts for financial settlements and other divorce-related issues.
- Asset division: Addressing differences in legal definitions of marital and non-marital property across borders.
- Child arrangements and relocation: Discussing what are the best interests of a child and the involvement of agencies like CAFCASS.
- Post-Brexit complications: The effects of Brexit on recognition and enforcement of orders between the UK and the EU.
- Reopening financial claims: The possibility of revisiting financial settlements in England after divorcing abroad.
For HNWI and UHNWI, especially those in the public eye, legal matters can be intricate and highly sensitive. With international careers and substantial assets at stake, expert legal guidance is not just advantageous—it's essential.
Expert legal assistance for cross-border divorce
Our specialist legal team understands the complexities of international divorce and is here to help you protect your financial interests. Contact us today to discuss how we can assist in navigating these challenging legal matters.
