One in five UK divorcees admit to fighting with their former partner during their divorce negotiations and not just over traditional assets, research from Unbiased.co.uk has revealed.
When dividing assets, property was the number one area of contention, with 39 percent of divorcees saying it was the most important possession to them during their divorce negotiations. The next asset in order of importance was savings followed by pensions and pets.
When it comes to their homes, UK divorcees have revealed furniture caused the most arguments when going their separate ways, followed by family heirlooms and glassware or china.
After property, men and women differ when deciding the most importance assets during the outcome of a divorce. For men. their priorities were with pensions, savings and cars. For women, savings and pets come in at joint second, followed by furniture, with cars and jewellery in joint fourth.
The age Brits divorce affects their opinion as to what the most important asset is to walk away with following their divorce negotiations. After property, divorcees under the age of 55, revealed that cars were the second most important asset during their separation. However, divorcees aged 55 and above believed the second most important asset when separating was pensions.
Karen Barrett, chief executive and founder of Unbiased.co.uk said: "Divorce isn’t something anyone expects to happen to them. It is not only a very traumatic experience, it also has the danger of catching you unprepared – even if you are the one seeking it. When you are in that situation and with emotions running at fever pitch, it’s frighteningly easy to make mistakes, especially of a financial kind.
"Our own research into divorce has found that a surprising number of couples are managing to part on friendly terms, which is very encouraging. However, it’s clear that tensions remain, and that arguments can flare up over the most apparently trivial issues. We found that items of sentimental value could cause at least as much friction as more valuable assets, with gifts and family heirlooms being a notorious battleground. And yet it’s those very items that are often an afterthought, dragging out what could have been a straightforward divorce process.
"That’s why even seemingly amicable splits could often benefit from the guiding hand of a good solicitor. This might well be your first divorce, but it won’t be theirs – and that calming reassurance is going to help you get through it and achieve a good resolution."
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