Those individuals in the process of negotiating a financial settlement upon divorce should be mindful of sharing the risk/liquidity associated with various assets. For example, if too much safer capital, like cash savings, is paid in lieu of any share of deferred bonuses, it is important to be …
The difference between sharing and needs, to meet the aim of financial independence in divorce cases
In the courts of England and Wales, the principle for division of assets is that the paying party will pay to the weaker financial party the higher of:- a) an equal share of the marital acquest (any assets accrued during seamless cohabitation and marriage) or b) sufficient to met the weaker …
How are bonuses treated in divorce cases?
This is a common question clients put to their divorce lawyer and understandably so. Here we consider how bonus payments are dealt with upon divorce and for how long after separation they might be shared with a former spouse or civil partner. Bonuses often comprise stock options or cash. They can …
New no fault divorce law takes effect today
From today, individuals will no longer be able to allege fault in the application for divorce. The new no fault divorce law has come into effect today and there is no longer a requirement to allege "unreasonable behaviour" or "Adultery" until a couple have been separated for more than two years. …
DIY Divorce: Is this a good idea?
DIY Divorce: Is this a good idea? Is there such a thing as a DIY divorce? Can you apply for a divorce without appointing a lawyer? The answer, simply put, is yes. If you're happy to handle your own divorce, you can do this online using the government website. Here is the link Get a divorce: How …