August 18, 2017 | Posted by : J Morris
Family law organisation Resolution recently published a report in partnership with the Personal Finance Society highlighting the need for collaboration between financial advisors and family law professionals.
The report reveals that there is only one financial specialist accredited in family law for every 5,000 people seeking divorce each year – a total of just 42 advisors in the UK.
National chair of Resolution Nigel Shepherd explains the rationale behind the study:
“We know from talking to financial planners and advisers who are already Resolution members that the world of financial advice is changing.
“What clients want is sound guidance and trusted support. This is especially true in times of change or upheaval, and they do ...
August 13, 2017 | Posted by : J Morris
Making the decision to separate can be overwhelming as you try to juggle both emotional and practical issues and work out a way to move forward. There are so many factors to consider – from living arrangements to children’s issues – and even comparatively small decisions, like who gets the sofa, can turn to full scale arguments.
To make things easier, start by making a checklist of priorities and gradually draw up a tailor-made action plan. Try to work through each point with your ex as collaboratively as possible, and make good use of your solicitor’s advice and expertise.
To get you started, here are a few of the major aspects of ...
August 04, 2017 | Posted by : J Morris
The government has admitted that cuts to legal aid may have influenced a drop in the number of couples using family mediation to work through the separation process. Following the Legal Aid, Sentencing and Punishment of Offenders Act (LASPO) of 2012, the amount of mediation information and assessment meetings (MIAMs) declined sharply, and numbers currently stand at approximately half previous levels.
Before the LASPO act, legal aid helped to fund MIAMs and facilitate contact between individuals and law firms, and couples were previously required to consider mediation via an assessment before they could receive legal aid to cover the costs of going to court. The cuts to legal aid appear to have had a direct knock-on effect on this process. ...
July 25, 2017 | Posted by : J Morris
A recent study of property sales has revealed the features and home improvements that will increase (and decrease) the value of your home, according to house hunters and estate agents. If you’re planning to put your property on the market, boost the potential asking price of your home by checking our list of pros and cons:
Features that add value to a property:
More than one bathroom. 70% of estate agents believe that an extra bathroom helps to sell a house, and research has shown that an extra bathroom can add up to £12,000 to its value. For properties with four or more bedrooms, 95% of estate agents ...
July 18, 2017 | Posted by : J Morris
The latest statistics from the Office for National Statistics (ONS) report a decrease of 9.1% for UK divorces in 2015 compared to the previous year. The report showed that divorces of opposite sex couples has declined by 34% since a recent peak in 2003, and the divorce rate was highest among couples aged 40-44. In total, there were 101,055 UK divorces between opposite sex couples in 2015, and 22 divorces of same sex couples (following the passing of legislation to allow same sex marriage and divorce in England and Wales in March, 2014).
Nigel Shepherd, chair of family law organisation Resolution, commented on the report, suggesting that these ...
July 11, 2017 | Posted by : J Morris
According to a recent study, 3 in 10 adults who have joint finances claim to hide assets from their partner, such as private bank accounts, investments, and other expenses. During divorce, financial issues are often a common point of contention, and you may be surprised to find a few skeletons in your ex’s cupboard. In some cases, separating couples fail to disclose certain assets in an attempt to avoid having them involved in financial settlements. However, non-disclosure can result in fines and penalties and lead to a protracted and expensive court process – some methods even classify as fraud.
No matter how well you think you know your ...
July 04, 2017 | Posted by : J Morris
Whether you’re in the middle of a break up or negotiating life after divorce, dealing with children’s arrangements during the summer holidays can be tricky – particularly if communication is difficult between you and your ex.
Organising childcare, juggling work, and entertaining bored kids is hard enough on its own, without having to walk the delicate tightrope of co-parenting. Points of contention are more likely to flare up when you’re thrown out of your normal routine, and the pressure of finding a way to sharing the holidays fairly and effectively can take its toll. However, by thinking ahead, making a practical (yet flexible) plan, and being prepared to compromise, it’s possible ...
June 26, 2017 | Posted by : J Morris
Is it time you updated your will?
If you’ve been through any major life changes since you first made your will, it’s highly likely that you’ll need to update it to reflect your new situation. Adjustments can be made quickly and easily with your solicitor, and will ensure that your loved ones and your assets are taken care of.
Check our handy infographic below to see if it’s time you made amendments to your will:
The family law solicitors at Frances Lindsay & Co have over 50 years’ experience helping clients with wills and probate. We offer a range of legal services to help you draw up a will, ...
June 16, 2017 | Posted by : J Morris
One of the hardest parts of separating when you have children is communicating productively with your ex. When a relationship ends, it takes time for everyone involved to come to terms with the change and learn how to communicate without animosity and conflict. Co-parenting is a team effort and your children deserve parents who are able to discuss issues relating to their welfare without losing their cool, badmouthing one another, or making things even more difficult.
So how do you foster positive communication with your ex when you’re finding it hard to talk to them at all? Here are five top tips from the experienced family lawyers at Frances Lindsay ...
June 05, 2017 | Posted by : J Morris
A professional Will helps to protect your loved ones and your assets after you’re gone, but it’s also important to make sure you own interests are looked after should you find yourself unable to make decision about your future. A Lasting Powers of Attorney (LPA) document is vital to ensure your affairs are handled according to your wishes if your ability to do so is affected by illness, injury or old age.
To find out more about arranging Lasting Powers of Attorney, read our FAQs below or get in touch with our friendly wills and probate team at Frances Lindsay & Co:
What does Lasting Powers of Attorney ...