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 ...
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 ...
March 21, 2014 | Posted by : J Morris
The Law Commission has recommended that prenuptial agreements be legally binding during divorce settlements, providing that any financial responsibilities towards children and other parties are met first. To make dispute resolution more straightforward, and to protect the interests of individuals and families, the commission has suggested that details from prenuptial agreements should be used to enforce divorce decisions, subject to certain qualifications. One such requirement would be that at the time of signing a nuptial agreement, each party obtains legal advice and discloses pertinent financial information prior to their marriage.
Prenuptial agreements are already enforceable under British divorce law, but the commission’s proposals would bring ...
February 10, 2014 | Posted by : J Morris
Celebrity couples are renowned for their break-ups, with every detail of their marriage and financial agreements being aired in public by the headline-hungry press. Perhaps it’s because of these high profile cases that many people assume pre-nuptial contracts to be something that is reserved for the rich and famous, or for couples who have a large disparity in earnings, but they can be much more than a simple protection of assets.
A nuptial agreement is a document that helps couples to settle any financial claims made against one another in the event of separation. The details of a pre or post-nup agreement can be confirmed before or after marriage, and while they ...