Insights

Divorce settlement

What Assets Are Shared In A Divorce?

A recent Supreme Court decision –  Standish v Standish [2025] UKHL 24 – has brought welcome clarity to what types of property can be shared during divorce proceedings. This is highly relevant for wealth planning, tax-driven asset transfers, and pre-nuptial agreements.

KEY CLARIFICATIONS FROM STANDISH V STANDISH:

1. OVERARCHING PRINCIPLES IN FINANCIAL REMEDIES

The court reaffirmed the three key principles when deciding financial outcomes in divorce:

  • Needs – Ensuring both parties, especially children, are housed and provided for.
  • Compensation – Rarely applied, considers economic disadvantage from the relationship.
  • Sharing – Focus of the judgment, applies to matrimonial property only.

2. WHAT IS MATRIMONIAL VS NON-MATRIMONIAL PROPERTY?

  • Matrimonial Property includes:
    • Assets acquired during the marriage through joint effort or for use by the family.
    • Normally, the marital or family home, regardless of legal ownership.
  • Non-Matrimonial Property includes:
    • Property acquired before marriage.
    • Assets received typically by gift or inheritance during the marriage.

3. SHARING PRINCIPLE CLARIFIED

  • Matrimonial property is normally subject to equal division under the sharing principle.
  • Non-matrimonial property is excluded from sharing unless it has been “matrimonialised.”

4. MATRIMONIALISATION: WHEN NON-MATRIMONIAL ASSETS BECOME SHARED

  • Assets are considered matrimonialised if the couple:
    • Treat them over time as shared, e.g., using them for their joint benefit or for the benefit of their family.
    • Intend them to be included as part of their marital wealth
  • Time alone is not enough. The way the asset is treated by the couple is also significant.

5. TAX-DRIVEN ASSET TRANSFERS ARE NOT AUTOMATICALLY SHARED

  • If an asset is transferred between spouses solely for to save tax, this does not automatically indicate sharing.
  • Such assets remain non-matrimonial, unless there is clear evidence of shared treatment.

6. IMPACT ON PRE-NUPTIAL AGREEMENTS

  • Clarity on the sharing principle allows pre-nups to:
    • Better define which property is matrimonial vs non-matrimonial.
    • Distinguish ownership intent from legal title alone.
  • Legal ownership on the Land Registry Property Register does not determine whether an asset is matrimonial.

7. NEEDS PRINCIPLE STILL PARAMOUNT

  • Despite the clarification on sharing:
    • Needs (especially housing children) will often override property classification as matrimonial or non-matrimonial.
    • The compensation principle remains rarely used in practice and wasn’t addressed in this decision.

PRACTICAL IMPLICATIONS

  • Nuptial agreements should be drafted with clarity on ownership intent.
  • Couples involved in wealth planning and asset transfers should be aware that non-matrimonial assets can remain protected from sharing on divorce if not treated as shared.
  • Disputes about asset treatment over time will require clear evidence. Specialist family law advice is recommended.

FINAL COMMENT

Every family is different, and bespoke legal advice is essential—especially in high-income and complex asset cases.

If you’re facing divorce, considering a pre-nup or planning wealth preservation, please consult Graeme Fraser, Head of Family, William Sturges LLP

graeme.fraser@williamsturges.co.uk

Share