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special contribution

  • Striker
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  • Junior Member
  • 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
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  • Platinum Member
  • 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
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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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