Contrary to the impression given by divorces covered in the media, most do not entail couples sharing vast amounts of wealth and spending huge sums on legal proceedings.
The Fair Shares Project is the first nationally representative study to examine the financial arrangements of divorcing couples in England and Wales. Our team’s new report shows that most couples have very modest levels of assets to divide. In fact, 17% of divorcees in our survey had no assets at all, while 23% ended up with nothing or only debts following their divorce.
