How to protect your future lottery winnings from your ex-spouse

If you become divorced and you later win the lottery, your ex-spouse may be able to make a claim against your winnings. In 2000, Wendy Page left Nigel Page for another man. They subsequently divorced, however they failed to sign an order which included a clean break clause. In 2010, Nigel Page won £56 million in the EuroMillions. As Nigel and Wendy had failed to resolve all financial matters, Wendy was able to pursue a claim against Nigel’s lottery winnings, despite Nigel winning the lottery some 10 years after the divorce.

You should avoid falling into Nigel’s trap by entering into a consent order which dismisses any financial claims that you and your ex-spouse may have against each other.

If there are assets to divide between you and your spouse, you should consider entering in a consent order which details how the assets should be divided and also includes a clean break clause. This would ensure that all financial ties are severed between you and your soon to be ex-spouse.

Even if there are no assets to divide, you should still consider drawing up a consent order to dismiss all future financial claims.

If you do not deal with finances on the basis of a clean break and you become divorced, this leaves you vulnerable to financial claims in the future.

How We Can Help

At GoodyBurrett, we provide skilled advice and assistance with your divorce.

For just £99 + VATwe can offer you an initial consultation to provide preliminary guidance to enable you to decide on the best way forward. Please do not hesitate to contact Chloe in Family team [email protected] or call us on 01206 577676 for more information.

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Contact GoodyBurrett on 01206 577676 or email Chloe [email protected]