If you’re going through a separation or divorce, one of the most challenging aspects to deal with is how to split your finances fairly. Whether it’s deciding who gets the house, how to share savings or what to do about joint debts, financial disputes can easily escalate into stressful situations. Family mediation offers a structured, […]
How Does Family Mediation Work for Financial Disputes? Read More »
When navigating a divorce in the UK, a common concern is how financial matters are settled, particularly the impact of a new partner. Many people wonder how a new partner’s income affects a divorce financial settlement. This article clarifies those concerns, focusing on Section 25 of the Matrimonial Causes Act 1973 and providing practical advice
Does a New Partner’s Income Affect Divorce Settlements in the UK? Read More »
What is a Deed of Separation? A Deed of Separation is a formal agreement between a couple that outlines how they will manage their financial responsibilities, property and, if applicable, child arrangements while living separately. It typically covers: Division of assets and finances: How savings, investments, property, debts etc will be split. Living arrangements: Who
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Unlike married couples, unmarried or cohabiting partners don’t have the same automatic legal rights and protections, especially when it comes to separating finances. This can have significant implications in the event of separation, so it’s important to be aware of your legal standing. According to the Office for National Statistics (ONS), marriage rates in England
Married Vs. Unmarried – What’s The Difference When Separating? Read More »
If you’ve been married or in a civil partnership, you’ll be asked to gather together all of your financial information. Decisions regarding financial arrangements can only be made once there has been full and frank financial disclosure of all information. This includes information about any pensions you have, including any that have been accrued both
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AdviceNow provide this guide for people who want to sort out their finances themselves when they get divorced. Perhaps because they don’t want to have to go to court or are worried about how much it will cost if they get a lawyer to do it for them. Most people in this situation don’t know what
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