Q1problem
[25 marks]Helena and Ivan married in 2010 and have two children, aged 8 and 12. Helena is a City solicitor earning £350,000 per year. Ivan gave up his career as an architect to care for the children. The matrimonial home is worth £1.2m (mortgaged for £200,000). Helena inherited a flat worth £400,000 before the marriage. Ivan wants to divorce. Advise on the likely financial outcome.