Divorce, Dissolution and Separation Act 2020:...
Posted in Family & Divorce on 22nd Sep 2020
Your marriage has broken down irretrievably and petitioning for divorce is now at the forefront of your mind. So, what does the law say?
Currently in England and Wales, the law relating to divorce is governed by the Matrimonial Causes Act 1973 which states:
“A petition for divorce may be presented to the court by either party to a marriage on the ground that the marriage has broken down irretrievably”.
The court hearing a petition for divorce shall not hold the marriage to have broken down irretrievably unless the petitioner satisfies the court...
What is a prenup and is it worth it?
Posted in Family & Divorce on 9th Sep 2020
We've all heard of a prenup: the short-form name for the divisive prenuptial agreement contract.
If you are fortunate enough to be living, as some might say, 'how the other half' lives, we would recommend that you consider putting a prenup in place before getting married.
What is a Prenup?
A prenup is an agreement that makes provisions for the assets in the case that a couple splits. This could include provisions for any property or income. This is ideal if one party has significantly more wealth than the other.
Whilst prenuptial agreements are...
Divorce Settlements: Is it True When They...
Posted in Family & Divorce on 30th Jul 2020
No matter if you're a couple who are divorcing after four years or forty years, the divorce process can be emotionally and financially exhausting.
When considering finances, you must remember there are often several matrimonial assets involved. This is because even after you're legally divorced, you may be subject to a financial claim; therefore, it's crucial to know where you stand and what options are available to you.
At What Stage Should You Consider Finances in a Divorce Proceeding?
Well, if you've already gone through a divorce, or know someone...
