How are finances and property divided on divorce? Family Law

When determining an appropriate division of resources, the court considers:

• the needs of any children involved,
• each person’s income, earning capacity, property and other financial resources, available now or in the foreseeable future,
• each person’s financial needs, obligations and responsibilities relevant now or in the foreseeable future,
• the standard of living enjoyed by the family before the breakdown of the marriage,
• each person’s age and the length of the marriage,
• any physical or mental disability,
• contributions made, or likely to be made in the foreseeable future, to the welfare of the family, including any non-economic contribution,
• the conduct of each of the parties, if that conduct is such that it would in the opinion of the court be inequitable to disregard it (although it is extremely rare for conduct to be taken into account), and
• the value to each of the parties to the marriage or civil partnership of any benefit which that party will lose the chance of acquiring.