In the UK, the starting point for dividing the finances in a divorce is the principle of equality, which means that the courts aim to divide the couple’s assets and income fairly and equally between the two parties. However, there are certain circumstances in which the courts may deviate from this principle and award one party a greater share of the finances.
One reason why the courts may deviate from equality in dividing the finances in a divorce is if one party has significantly greater needs than the other. For example, if one party has a disability or is caring for young children, they may be awarded a larger share of the finances in order to meet their basic needs.
Another reason why the courts may deviate from equality is if one party has made a significantly greater contribution to the marriage than the other. For example, if one party has given up their career in order to care for the home and children, they may be awarded a larger share of the finances in recognition of their sacrifices.
A third reason why the courts may deviate from equality is if there are special circumstances that make it unjust to divide the finances equally. For example, if one party has inherited a large sum of money or received a significant windfall during the marriage, the courts may decide to award a larger share of the finances to the other party in order to balance out any unequal contributions.
In conclusion, while the principle of equality is an important starting point for dividing the finances in a divorce in the UK, there are certain circumstances in which the courts may deviate from this principle in order to achieve a fair outcome for both parties.