December 12, 2014 | Posted by : J Morris
Pre-nuptial agreements are often only seen as an option for celebrities or the very rich, but increasing numbers of couples are choosing to set out the terms of their marriage and protect themselves in the event of future issues. Drawing up a pre-nup may not be the most romantic of activities for you and your soon-to-be spouse, but it can actually serve as a practical plan for your lives together – how you intend to divide responsibilities and prepare for the future.
If you’re unsure whether you need or want to draw up a legal agreement before marriage, civil partnership, or even simply ...
August 27, 2014 | Posted by : J Morris
According to recent figures from the Office for National Statistics, one in ten children in the UK are part of a step-family. Modern family life is more complex than ever, and financial issues can be complicated within step-families with multiple children from previous marriages. If you’re entering into a new relationship following a divorce, and welcoming step-children into your family, here are a few aspects to consider with your partner about making sure your finances are fair and balanced:
Firstly, get in touch with your family lawyer or solicitor for advice on organising your finances, updating any ...
July 25, 2014 | Posted by : J Morris
Increasing numbers of people are choosing not to remarry after divorce. According to recent reports from the Office for National Statistics, almost two thirds of cohabitees over 65 have previously been divorced, and there are twice as many unmarried people within this age group than there were a decade ago. This increase may be contributed to several elements: less of a stigma attached to being divorced; longer lifespans, and therefore a longer period of retirement, or a reluctance to marry in order to secure the transfer of assets and wealth to children. For unmarried couples hoping to safeguard their investments, it’s important to be aware how to ensure that assets are passed onto the ...
May 28, 2014 | Posted by : J Morris
From a legal point of view, separating as a cohabiting couple is both easier and more difficult than divorcing as a married couple. On the upside, you do not need to change your legal status from married to unmarried by going through the process of divorce, but it’s still important to be aware that cohabiting couples have very few rights in terms of claiming the fair division of partner’s assets.
Unless a co-habitation or living together agreement is drawn up with the intention of making it legally binding, cohabitating couples do not enter into any form of contractual arrangement in relation to their financial affairs in the ...
March 29, 2014 | Posted by : J Morris
Under new same-sex marriage laws which came into effect on the 13th of March, couples are now allowed to make applications to marry in the UK. The first same-sex marriages following the change in law are due to take place on the 29th of March, but for couples currently in civil partnerships who are hoping to organise a conversion to marriage, the wait may be longer. The Government has not provided a clear timescale for when civil partnerships can be converted to marriage, although recent estimated suggest there could be delays in implementing these changes until the end of the year.
Family law experts ...