Along with dwindling annuity rates and the demise of defined pension schemes, it is a fact of life that divorcees’ retirement incomes are inevitably lower than those of non-divorcees. A further downside is that from April 6, 2016, thousands of people who
Marriage is often considered a union of love, trust, and commitment, but it’s also a legal contract with significant financial implications. In the United Kingdom, as in many other parts of the world, couples are increasingly turning to prenuptial agreements to protect
For many people going through a divorce, the question of the financial settlement is understandably a key concern. While the initial reaction to hearing that your partner intends to separate may lead to feelings of upset, confusion and anger, once the emotional
Former partners have the right to claim a stake in anything from their ex’s business to a jackpot win unless the correct legal procedures have been followed to ensure full protection. Without a financial order in place – which includes a clean
One of the largest components of any divorce is the issue of the family home. With over 1/3 of all households having a mortgage, and many divorcees also having the odd rental property or two – the case of mortgages is always high on
Whilst 80% of our cases never see a formal Court process in the context of a FDA, FDR or Final Hearing there are always a few where the Court get’s involved. Never the ones with the most assets to argue about but
Agreeing a financial settlement is a huge milestone during the negotiation process of a divorce. It is advised that separating couples obtain a financial order that sets out this settlement, as whilst this is not mandatory, it will make this agreement legally
The recent announcement by the Chancellor to release the pension cap and the annual contribution limit was seen by many as a tax break for the rich. However, the major beneficiaries of this change was those people in the Public Sector with
One of the core parts of the divorce process is agreeing on a financial settlement. Especially now, with the introduction of no-fault divorce, it has become more straightforward to get divorced than ever. However, you don’t want to be caught off guard by the
Divorce is something that you cannot adequately prepare for; nevertheless, predict the outcome – whether the breakup is amicable or controversial. Divorce can affect your emotions, your mind, your health, and your future. It will cause you pain, anxiety, fear, uncertainty, and
Going through a divorce process is stressful. There are lots of things to think about and one of these is likely to be what you should do to protect your hard-earned money. It is essential to have a suitably drafted Will in
The prickly issue of how living with a new partner can affect divorce settlements can vary from case to case and have long-term repercussions on a former spouse. In divorce proceedings, all ex-spouses are required to be open and transparent about financial
Can I apply for a divorce whilst we are in lockdown? The simple answer is yes you can. Whether you have made the recent decision to divorce, or if you now have the time to do so, the Courts are still open
