special contribution

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Striker
Posted by
Junior Member

23 Jan 08 #11620 by Striker

Topic started by Striker

Hi, does anyone know what makes a "special contribution ?" eg I created and ran a successful business does this qualify for preferential treatment in split of assets ?

Josh2008
Platinum Member

23 Jan 08 #11623 by Josh2008

Reply from Josh2008

Really depends on all the circumstances, i.e. you may have done this, but how did your partner contribute in other ways.

Courts will look at the 'bigger picture'

Fiona
Platinum Member

23 Jan 08 #11631 by Fiona

Reply from Fiona

Special contribution arises in cases of substantial wealth generation through business acumen. In the case of Charman v Charman, for example, the assets were around £120m and it was decided that the husband's remarkable abilities, his energy and wealth creation amounted to contribution which was exceptional and justified a departure of 5%.

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