Foreign Bank Accounts & Assets Abroad

Foreign bank accounts and assets abroad can present problems in divorce settlements and these problems have to be considered early on.

The first problem is how do you find out about them? The English Courts have extensive powers to order disclosure where there is information to suggest there is a basis to do so. Often this is ordered at the same time as a freezing order is made.

The second problem is often how you can enforce a transfer of a foreign asset? This is where early consideration pays off. Different rules apply depending on the types of assets. For example the transfer of land titles is subject to different rules than sharing a foreign pension.

A further frequent problem concerns whether the asset should be regarded as matrimonial property. That requires looking at the history of how the asset came in to existence.

Valuation of foreign assets can often be difficult. English law again is pretty efficient at ordering prompt accurate valuations, but sometimes locating the right experts to carry them out can be a challenge.

Henry Brookman has long experience of dealing with all these questions and would be pleased to help you if your case involves assets abroad.

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Simon Rogerson 12/08/2019

I wanted to say a big thanks to Henry Bookman and his colleagues for all their help and guidance during my divorce - a long a complicated one. The team were all brilliant. I loved the fact that Henry was happy to explore possibilities and search for solutions. I also feel that on occasions he gave hope when things were against me. All told a great coach who was ready with pearls of wisdom when I needed it.

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I would strongly recommend this firm. I had the opportunity to discuss my case thoroughly with Mr Bookman. But before the initial consultation, I had a telephone conversation with a legal assistant who took most of the details down, so that my initial consultation was to the point I appreciate the advice given by Mr Bookman and think it a humble approach that the initial consultation is FREE and carried by the most senior member of the firm and not by a junior staff like it happens in other firms.

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I did a consultation with Henry and I highly recommend him. He took the time to understand my situation, checked that he had all the information he needed and once he realized he was not the best person for my case, he recommended another lawyer in another country who could help. Unlike other lawyers I've worked with previously, he was extremely honest, transparent and generous with his time.

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