RM v WP
[2024] EWFC 191 (B)
Fairness in financial remedy cases requires balancing needs, compensation, and sharing.
Miller v Miller [2006] UKHL 24
Section 25 of the Matrimonial Causes Act 1973, as amended, guides the court's assessment, considering factors like age, earning capacity, standard of living, and disability.
Matrimonial Causes Act 1973
In cases of significant wealth, needs should be generously interpreted.
Miller v Miller [2006] UKHL 24
While standard of living during the marriage is relevant, it does not dictate equal lifestyle outcomes.
Juffali v Juffali [2016] EWHC 1684 (Fam)
The court's assessment of needs should consider the long-term implications of a spouse's health, while acknowledging the lack of expert evidence where such evidence was not requested by the parties.
Duxbury calculations provide guidance, not a definitive answer, for lifetime maintenance awards, considering factors like life expectancy and potential future events (remarriage, inheritance claims).
In assessing financial needs and outstanding legal costs, the court considers fairness and avoids penalizing a party for their spouse's ill health.
Ezair v Ezair [2012] EWCA Civ 893, Azarmi-Movafagh v Bassiri-Dezfouli [2021] EWCA Civ 1184
Wife awarded a lump sum of £3,777,300 payable in stages: £2,000,000 (14 days), £500,000 (4 months), £1,277,300 (12 months), plus 3.75% interest.
Balances wife's needs (housing, lifetime maintenance, legal costs) considering her mental health and husband's financial capacity.
Wife awarded £1,000,000 for housing.
Allows wife to purchase a suitable home considering her needs and geographical preferences.
Wife to vacate family home within 4 months of first lump sum payment.
Considers timeline for wife's new home purchase and financial settlement.
Husband to pay two-thirds (£177,300) of wife's outstanding legal costs.
Acknowledges the impact of wife's mental ill-health on legal costs; avoids penalizing the husband.
Bentley car to be returned to the husband immediately.