Shortlands

Deciphering the City Professional’s Income/Contract

We have vast experience in assisting city professionals and their spouses with financial settlements upon the breakdown of their relationship.

 

The City Professionals usually have complex income packages and employment contracts. Their package can include share options, vested and unvested shares, drawings, dividends and benefits in kind.

 

The owner of a business may have low income but have extensive assets in the business. We work with professionals to ensure that we understand the full meaning of any packages and/or business set up so that fair settlement can be reached.

 

When acting for the wife of a city professional, we aim to ensure that we are furnished with all the details of income positions now and in the future so that any settlement reached caters to all future income or capital to be achieved.

When acting for the City Professional, we aim to ensure that no unreasonable settlement is readily causing difficulties in the future. We aim to take into account any risks they may face.

 

Our team of expert barristers, forensic accountants, business valuers provide the best advice available to achieve the best for our city clients.

 

Getting in touch

 

For more information, please get in touch with us by using info@shortlands.co.uk or call us 02076299905 or book an initial online consultation.

Book an Initial Consultation – Fixed Fee

Our Family Law Services

Shortlands is a boutique family law firm with over 20 years of experience in dealing with the trials and tribulations of a divorce and all family law matters. As a result, we have become the first choice of family law specialists in London.

Speak to Our Family Law Experts

Our professional and highly experienced team of family lawyers can assist you in your legal matters with full respect, ensuring you maintain a private family life. For more extensive advice and information, please email info@shortlands.co.uk or call us 02076299905 or book an initial online consultation.

What our clients say about us

How Can We Help?

We understand that every case is different and has its own complexities. Our experts are dedicated to guiding you through the legal process with tailored solutions which work for you.

Our Professional Team

Director

Solicitor

Solicitor

Solicitor

Frequently Asked Questions

Professionals with fluctuating or freelance income are assessed based on long-term earning patterns rather than one-off highs or lows. Courts look at tax returns, contracts, and historical income to determine a fair figure. We help present your financial picture accurately.

Bonuses and commissions are often treated as part of general income, particularly if they’re regular or expected. However, a court may view variable income differently from guaranteed pay. We advise on how to present and explain these fluctuations.

The court reviews self-employed income through accounts, business records, and tax returns. Expenses, retained profits, and overall financial security are all scrutinized. We help ensure your income is portrayed accurately and transparently.

Courts understand that family sacrifices – like staying home with children – can impact earning potential. Settlements may reflect this through financial support or a larger asset share. We help ensure these contributions are recognised and valued.

Yes, the court may consider anticipated career progression, contract renewals, or long-term prospects. This is especially relevant in professions with predictable advancement or variable income. We help you prepare evidence that reflects your true earning capacity.

Latest News

Our Affiliation

BOOK AN APPOINTMENT

Please fill the form below to arrange your fixed cost initial appointment.

    REQUEST A CALL BACK

    Please fill the form below to request a free call back: