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The Independent UK
The Independent UK
Danny Halpin

Couples warned to ‘keep clear records on source of wealth’ following landmark divorce ruling

Clive Standish will not have to split the money with his ex equally following a divorce, the Supreme Court has ruled - (PA Archive)

A retired banker who gave his wife nearly £80 million to avoid paying inheritance tax will not have to split that money with her equally following a divorce, the Supreme Court has ruled.

Five justices unanimously agreed that because most of the money had been earned prior to the marriage, Clive Standish, 72, was entitled to keep the largest share.

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