Divorce - Other Assets

All assets owned by the husband and wife, from cars to life assurance policies and from holiday homes to building society accounts, are relevant to the financial settlement. The court will readily consider the transfer or sale of free assets such as quoted shares or second homes.

Some assets are more difficult to realise than others, for example, assets held as security for the deposits of Lloyd's members. Similarly, it can be difficult to enforce the sale or transfer of overseas assets, but a lump sum can be ordered which means that overseas assets have to be sold in order to pay it.