A pre-nuptial agreement or ‘pre-nup‘ is a bespoke legal document which sets out how parties agree their finances should be dealt with in the event of a future divorce, which often includes an element of preserving or ring-fencing assets. Pre-nuptial agreements are not currently binding in
But are they “legal”? Thank you for getting to the third part of this blog. Having come this far, you’ve come to terms with: – Why the Pre-Nuptial Agreement may not be as cheap as you’d hoped (typical of reputation of Lawyers
In the last article on the subject, I raised a query as to whether you want your Solicitor to be a professional or a “salesman”. The reason for this is due to a huge misunderstanding about Pre-Nuptial Agreements which are quite understandably
Pre-Nuptial Agreements Part One Undoubtedly, the answer to that question is to have a Pre-Nuptial Agreement. These are straightforward documents but are never, contrary to popular belief, merely a case of presenting your fiancé with a document and expecting them to sign
Financial settlements remain contentious during divorce proceedings, despite new ‘no fault’ reforms designed to simplify the separation process. It remains essential for couples to seek professional legal advice when dealing with financial issues during their divorce. The new no fault divorce system
The no-fault divorce law landed recently in the UK; divorce lawyers are expecting an influx of applications now there is no requirement to place the blame on either party. Separating from a partner could have a big impact on your finances, especially
Divorce and bankruptcy have been two big topics in recent times. The impact of Covid-19 has resulted in companies going under, leaving employees without a job, and couples being cooped up in lockdown together – but what happens when these two, already
In recent years, January has come to be unofficially known as ‘divorce month’ due to the number of couples looking to separate once the festive period is over and the new year arrives. However the process can be a daunting prospect, as
Many people do not pursue their financial claims following a marriage breakdown because they feel ashamed or guilty about their behaviour. Others do not resolve financial matters due to the volatility in temper of the party who has been left behind. They
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
The coronavirus pandemic looks set to have a major impact on family finances in the long and short term with predictions that up to one million people could lose their jobs. Mounting concerns of divorced and estranged parents include sustaining child maintenance
Couples going through a divorce should not disregard pensions in favour of trying to retain the value of the family home. Those going through a marriage breakdown are being urged to recognise the importance of claiming a share of their partner’s pension
