August 22, 2019 | Posted by : J Morris
Pensions are often a tricky subject when it comes to divorce, but should never be overlooked - a pension can be the second most valued asset after property – particularly for couples over the age of 60, who may have built up a substantial retirement income. It’s important to declare any pensions and retirement savings when putting together a list of combined assets (and failure to do so could be considered non-disclosure), as a recent report by Scottish Widows has revealed that many women over 60 are failing to take into account their partner’s pension when it comes to negotiating a settlement. Almost half of those ...
August 08, 2019 | Posted by : J Morris
Personal possessions (or ‘chattels’) are
sometimes a tricky subject when it comes to dividing up assets in divorce or
separation – after all, how do you put a figure on something that has
sentimental value? Chattels includes everything inside your home, along with
vehicles and even pets! Essentially, anything other than property
and financial assets.
During divorce, a couple’s main concern is
usually where they’re going to live, what they’re going to do with any shared
property, how to manage and divide their finances, and the future care of any
children. Personal possessions are often fairly low on the list, but ironically
sometimes it’s the little squabbles over individual items that ends up
July 22, 2019 | Posted by : J Morris
We’ve talked before about the danger of DIY divorces, acting as a litigant in person, and the myth of ‘quickie’ divorces – and while we understand the need to keep the costs of separation down, or the desire to get things over as quickly as possible, we cannot emphasise how important it is to have independent legal advice before making any kind of divorce agreement.
When it comes to DIY divorce, or attempting to negotiate a settlement as a litigant in person (LiP), there is a very real risk of missing important details, making expensive mistakes, and ending up back in court to sort things out months or years down the ...
July 15, 2019 | Posted by : J Morris
The distribution of assets is rarely straightforward. It would be wonderful if you could split everything down the middle, 50/50 but it rarely works out that way. Relationships, and their associated finances, are complicated, which is why it’s important that each member makes a full and frank disclosure of both individual and jointly owned assets, property, and finances when they enter into the separation process. This is a necessary first step, no matter what approach you take – court divorce, mediation or collaborative methods – and it never pays to try to hide or offload assets (in fact, it is classed as fraud and ...
June 10, 2019 | Posted by : J Morris
Deciding to separate from your partner can be
a huge step, and you may feel a little overwhelmed with all the ‘what ifs’ in
your future. If you’re in the early stages of separation and wondering what to
focus on first, it can be useful to sit down and write down a practical list of
issues to deal with to help you move forward.
We’ve put together a basic checklist to get
you started – you may want to add to or amend it as necessary, since every
circumstance is different, but remember that your ex’s choices and priorities
may not be the same as yours. Once you have a clearer ...
May 28, 2019 | Posted by : J Morris
On the 9th of April this year, the
government announced new legislation to overhaul divorce laws and offer the
option for ‘no fault’ divorce with the aim of reducing family conflict and
simplifying the process of separation for couples who do not wish to assign
The focus of the reform is to minimise
animosity, acknowledging the fact that sometimes a breakdown in marriage is not
necessarily due to specific actions of either party, and laying blame often
creates unnecessary hostility and acrimony during an already difficult time.
Particularly where children are involved, the need for a more positive,
cooperative approach is clear, allowing couples to reconcile if possible, and
move forward with a constructive outlook for the future.
Here’s an ...
May 20, 2019 | Posted by : J Morris
A bill to improve the legal rights of
cohabitants was given a second reading in the House of Lords last month,
putting forward a number of proposals that would help to provide better
financial outcomes for separating unmarried couples.
Under current UK family law, cohabiting couples are not protected by the same legal rights as married couples or those in civil partnerships. If they decide to split up and there is no cohabitation agreement in place, individuals have no right to assets or property unless they are held in joint names. This means that if one party has sacrificed a career to raise children, ...
May 14, 2019 | Posted by : J Morris
When a relationship ends, the future can feel uncertain. Going through a divorce or separation – no matter how amicable – brings about huge changes. It’s natural to feel a whole host of conflicting emotions: relief, anger, confusion, hope, anxiety – perhaps sometimes all at once! It’s also completely normal to feel overwhelmed at times, or to feel as if the process will never end. But it will. And with the right approach, you can push through the difficult times and reach a point where you feel content, hopeful for the future, and back in control of your life.
So how ...
April 04, 2019 | Posted by : J Morris
According to Relate’s recent report on couple relationships in the UK, ‘It Takes Two’, 25% of people surveyed said they were in a ‘distressed’ relationship, but only one in five (22%) said they would seek professional support if their relationship was under strain. Over 5,000 people were polled for the report, which aimed to provide an overview of the state of relationships in the UK, and though two-thirds (66%) of people agreed that ‘everyone could benefit from support with their relationships’, it seems the reality of seeking help is far less likely.
Of those surveyed, 16% said they thought about getting divorced, separated, or ending their relationship at least occasionally, and ...
March 18, 2019 | Posted by : J Morris
One of the main issues couples face when deciding to separate is what to do about the family home. Which of you moves out? Who gets to stay? Can you afford to find separate homes? How do you divide up property assets? And what if you rent?
When it comes divorce, the rules over property can vary fairly widely depending on your unique circumstances, but here’s some basic guidance on ownership and living arrangements to help you figure out what to expect, what your rights are, and how to proceed.
Both partners have a legal right to remain in the family home, and neither of you can force the other to move ...