How prenuptial agreements are viewed varies across the globe. In many countries, they are a common step taken ahead of marriage, in others they are almost unheard of. Some EU countries enable a couple to elect a specific “matrimonial property” regime, which governs how their assets will be divided on divorce. For international couples who... Continue Reading →
Bank of Mum and Dad: have you protected your investment?
It is more difficult than ever for young people to get a foot on the housing ladder. With rising property prices, growing inflation and the cost-of-living crisis increasing outgoings, young people are relying on their parents more than ever for financial assistance. To get a foot on the property ladder, many young adults are buying... Continue Reading →
Buying a property together: top tips
One of the most exciting decisions in a new relationship is when to pool resources and buy a home together. Whatever your age, this is a huge decision and not only a mutual sign of commitment to the relationship but also the undertaking of a serious financial obligation, which should be given thought and planning.... Continue Reading →
Valid prenups will be upheld on divorce, recent case confirms
The case of MN v AN [2023] EWHC 613 (Fam) is the latest reminder of the court’s position that valid prenuptial agreements will be upheld if challenged on divorce. Case background In 2005, the parties entered into a prenuptial agreement. Prior to the marriage, the husband owned assets totalling £32.5 million in contrast to the wife’s assets... Continue Reading →
CGT and divorce: new rules from 6 April 2023
The Spring Budget announced on 15 March 2023 has provided confirmation of changes which will be made to simplify the tax rules for married couples on separation, as of 6 April 2023. What has happened historically? Married couples and civil partners may make transfers of assets between themselves without having to pay Capital Gains Tax... Continue Reading →
Separation: Top tips for surviving the immediate aftermath
According to the media, we are in the middle of divorce season. The truth is there isn’t one set time of year when people split up. Yes, some times of year are busier than others, but any solicitor worth their salt will tell you that “divorce day” is a myth. Having said that, if you... Continue Reading →
Legal well-being for women in business
Recently, I spoke at a seminar for female business professionals in Bristol about personal legal well-being. I am sharing my presentation in the hope that some of the tips and pointers may be of use to my business contacts and their clients, friends, family and professional contacts. Most of us only think of needing legal... Continue Reading →
Spousal maintenance and the so-called “meal ticket for life”
The term 'meal ticket for life' is the controversial expression used by the media to describe open-ended spousal maintenance in divorce cases, which is intended to be paid for the duration of the lives of the payee and recipient. This somewhat distasteful phrase has again been the subject of much interest and public debate, thanks... Continue Reading →
Separating after living together: the practicalities of untangling your lives
Facing a separation is never easy and you can find yourself caught in a whirlwind of emotions. It is often difficult to find the headspace to think about what should happen next, let alone communicate about this and start taking steps to move your life forward. Managing the impact of your separation on any children... Continue Reading →
Not so happy new year? Tips for facing a separation in 2018
Ending a long term relationship or marriage is one of the most stressful things that you will go through in life. Holidays, time at home, family and Christmas pressure can cause the cracks in a relationship to show, or one or both of you may decide that a new year is the time to move... Continue Reading →