Ring fencing refers to the practice of protecting certain assets from being included in the pool of assets to be divided between the parties in a divorce settlement
Divorce is a life-altering event that impacts not only the lives of the spouses involved but also their children. Its effects on children can be profound and long lasting.
Following the Spring Finance Bill 2023 in March, couples will be given longer to transfer assets between them without capital gains tax (CGT) consequences.
Adjusting to life after divorce can be challenging, but there are steps you can take to navigate this transition. This article will give you some ideas on what might work best for you.
CETV stands for 'Cash Equivalent Transfer Value'. In effect it gives the value of the funds held in the pension pot. It is used in divorce settlements to compare spouses' pension funds
Pensions are marital assets and must be taken into account in the divorce financial settlement. Pensions are not looked at in isolation – they are one of the assets to be divided in the settlement.
Divorce negotiation can be challenging but it's essential to strive for a fair and amicable resolution. This ultimate guide will explain the process:
We now have a ‘no fault’ system of divorce in England & Wales. This means that neither party need point the finger of blame at the other.
A financial consent order is an incredibly important document as it brings about financial severance between spouses. Without the order, a former spouse can make future financial claims against you.
Experience over many years confirms time and time again that remote mediation is a much more satisfactory way of conducting the mediation discussions.
Consent Orders and Clean Break Orders are often used as interchangeable terms – however that is not strictly correct. A Consent Order is a voluntary agreement by 2 parties getting divorced.
You may have decided that you want to separate a long time ago but that’s not necessarily the case for your partner who may be unaware of the impending separation
