Inspired by a true, unique and financially proven story of how to regenerate your wealth during and after your divorce; using the principles of a management buy-out.
An application of common sense and not
an application to the courts
Written by PA Ross
The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.
Michaelangelo
A tribute to my mum who lost her husband and devoted father at the age of 29 years old; proudly raising myself and my two younger sisters. She was my lifes inspiration, a role model in achievement and everyones friend. My mum never complained and was resilient to the day she was taken from us in 2006; she is no longer in pain, suffering from Alzheimers.
With gratitude and thanks to our world class dementia care system who nursed my mum during her years of need and help.
This book is based on the authors true story and factual experiences; it is written and designed to share information and author opinion only. This information and the authors unique divorce experiences are original and fully authenticated which are provided and sold with the knowledge that the publisher and author do not offer any legal or other professional advice; this book is written from a laymans perspective and opinion. In the case of a need for any such expertise, please consult with the appropriate legal professional in your country of residence; divorce laws do vary by country. This book does not contain all information available on the subject. This book has not been created to be specific to any individuals or organisations situation or needs; individual divorce cases have their own circumstances and requirements. Therefore, the book is provided with the understanding that the author or publisher is not engaged to render any type of legal or any other kind of professional advice. The personal content of each chapter is factually correct and true; the content of this book is at the sole expression and freedom of opinion of its author, and not necessarily that of the publisher. No warranties or guarantees are expressed or implied by the publishers choice to include any of the content in this volume. Every effort has been made to make this book as accurate as possible; however, there may be typographical and or content errors. Every effort has been made in the non-disclosure of 3rd party names, organisations, non-confidential and confidential documents. Therefore, this book should serve only as portraying the authors own true life experience and opinion and not as the ultimate source of subject information. This book contains information that might be dated and is intended only to educate and inform; all information is factually correct and can be fully substantiated. The author and publisher shall have no liability or responsibility to any person or entity regarding any financial loss or damage incurred, or alleged to have incurred, directly or indirectly, by the information contained in this book. You are responsible for your own choices, actions, and results. Please consult with a legal professional for your own counsel.
The book maintains confidentiality and protects personal rights, withholding and full protection and privacy of individuals and their names, non-disclosure of official legal and court documents. All research and data is available and in the public domain at the time of writing this book and legally compliant. In context, all research, reports and quotations are solely used with the intention to substantiate the authors opinion and need for professional change. Under the fair use copyright principle; every effort has been made to accurately credit all copyright holders of the photographs, research, diagrams and originators of quotations in this book, but where any omissions, personal infringement or incorrect references have been made the author will be glad to rectify them in any future editions. All copy quoted correspondence in this book was originated, authenticated and made available by the author. All statements are true, substantiated and available by the author. This book has undergone relevant professional legal verification and checks.
Contents
Following nearly five years of acrimonious divorce; four divorce lawyers, three barristers, six court appearances, four different judges, acting as a litigant in person, the threat of bankruptcy and even a penal notice, finally topping everything with a successful complaint to the Legal Complaints Service. Being totally exasperated; there had to be another and better way to complete a divorce, draw a line and move on with life.
The cost of divorce in the UK adds up to a massive 5.7 billion a year; the average cost of divorce is 44,000, there really has to be another way to reduce the cost and financial pain of family breakdown?
Ironically, and almost five years on; we finally and independently achieved an out of court financial settlement, taking a matter of weeks to complete. Achieved by removing our respective divorce lawyers and not returning to court for the seventh occasion. The court legally ratified our settlement; enabling us to draw a line and, at long last, to move forward with our lives with hindsight showing the many salutary lessons learnt about how to legitimately manage your divorce as a management buy-out and at a fraction of the cost.
Metaphorically, I could say the jury is still out did the UK family law system help or hinder my divorce?
As a decent, law-abiding and hard-working family man, who lost his dad at the age of seven years old. With Yorkshire blood running through my veins; man and boy who learnt to take responsibility from an early age and worked hard all his life, not only as a loving and devoted parent also to make his mum and dad proud. My motivation for writing this book; I candidly look at divorce purely from the clients side and from a challenging yet new and different perspective, which hopefully can be of help, inspiration and reward to some of the 42% of the UK marriages that end in divorce.
Many books are written by family lawyers, mediators, counsellors and legal professionals on the subject of divorce, some even write about divorce dirty tricks. My own book, uniquely, looks at divorce differently and firmly from the clients side of matters; I take a strategic, sometimes confrontational yet constructive approach to planning your divorce, as if it was a management buy-out (MBO). Its a new and alternative approach, which can not only co-exist and fully comply with existing UK divorce procedures and legislation; it can complement them. I genuinely hope that family lawyers who may read my book see my opinions and research as balanced and constructive client feedback and make some changes to improve the client experience. Perhaps it could be an opportunity for family lawyers to put themselves in their clients shoes; enabling a deeper understanding of clients concerns and anxieties.
I believe that this is something that hasnt been done before, and some even said it couldnt be done. The Divorce Management Buy-out (DMBO) works using the following ten-point plan, hopefully an easy to follow step by step practical plan;
- Divorce Research
- Free-cash-flow
- Cost Control
- Family First
- DMBO Strategy
- Lawyer Due-diligence
- 100% Legal Compliance + Disclosure
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