Page 74 • The HERALD • 12th September 2024 v READ THE HERALD ONLINE: www.herald-publishing.co.uk v ASK A PROFESSIONAL Call our Waterside Team For a free initial meeting on Wills, Probate or Powers of Attorney Jasper Vincent Solicitors Unit 1 Chevron Business Park Lime Kiln Lane Holbury Southampton SO45 2QL Tel: 023 8089 0919 e: waterside@jaspervincent.com www.jaspervincent.com Out of hours appointments are available on request How Will the Court Divide Our Finances Upon Divorce? Advice from Jasper Vincent Solicitors e courts have a very wide discretion in the division of matrimonial nances and each case is decided by considering the facts of the particular matter. e overarching objectives are those of equality and fairness and the courts are guided by the factors set out in section 25 of the Matrimonial Causes Act 1973 (MCA) being the following: a) Welfare of a minor child/ren (under 18) of the family; b) Current income, earning capacity, property and other nancial resources as well as future income, earning capacity, property and other nancial resources; c) Current and future nancial needs, obligations and responsibilities of the parties to the marriage; d) Standard of living of the parties before the breakdown of the marriage; e) Ages of the parties to the marriage and the duration of the marriage; f) Any physical or mental disability of the parties; g) Current and future contributions either party has made/likely to make to the welfare of the family; h) Conduct of the parties, insofar as it would be inequitable to disregard it; i) Value of any bene t either party would lose due to the divorce; e factors in section 25 of the MCA are then assessed with reference to the principles of ‘meeting needs’, ‘compensation’ and ‘sharing’. Where an equal sharing of the matrimonial assets would adequately meet the needs of the parties and any child/ren of the family, this is usually the nancial outcome. Where there are insu cient matrimonial assets to adequately meet the needs of the parties and any child/ren of the family, the court may depart from the principle of an equal division or sharing. ‘Compensation’ seeks to redress any signi cant nancial disparity arising from the way the parties conducted their marriage. e division of matrimonial nances on divorce is very nuanced area of the law and it is therefore important that specialist legal advice is sought. If you want advice or to discuss your situation with someone then please contact our Family Law Specialist - Heather Sterling at our Lyndhurst O ce on 023 8110 3104 or email: hsterling@jaspervincent.com MEACHERS BUILDS FOR ITS FUTURE WITH MAJOR INVESTMENT Positioning itself to be bigger and even better, Meachers Global Logistics has announced that it is building for the future with a recent £1m-plus investment in eet and new faces in key areas of the business. e recent purchase of ten trailers and six tractors, at a cost of over £1m, is part of an ongoing investment into the Meachers’ eet. Six of the trailers will be dual branded with Meachers’ customer Prysmian Cables and Systems, formerly Pirelli Cables, based at Eastleigh. Meachers’ former Commercial Director Gary Whittle has also taken over the role of Operations Director, following the retirement of Rob Lewis in March. He explained: “Prysmian is a longstanding trading client and so we are pleased to foster our relationship by increasing the fleet size and including them on the branding. We’re investing in our assets and building for the future to make us bigger and more resilient. We’re supporting the infrastructure of the organisation, with training, promotions and new faces joining us in key mid-management roles. We’re aiming for a broad resilient team in anticipation of future customer Ongoing re-investment at Meachers to promote future growth demands,” said Gary. As part of the ongoing reinvestment strategy, Meachers will continue to grow its eet and develop the team’s expertise in order to move forward in the fastpaced logistics industry. Mark Lee has joined the team as General Manager, heading up the Freight Forwarding activities. Emma Newman also became Warehouse Operations Manager, using her background in logistics to ensure the team and strategies at Meachers remain resilient and adaptable. “We’re future-proofing our business to make it more robust,” said Gary. “We’re positioning ourselves to be bigger and better in the future.” For more information, visit meachersglobal.com
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