Capitalising Spousal Maintenance – what does this mean?

In divorce and civil partnership dissolutions one of the powers open to the court is – where circumstances permit – to capitalise spousal maintenance.  Capitalisation of a spousal maintenance order simply means rolling future spousal maintenance payments into a one-off payment. Significantly, it does not apply to child maintenance. The court already has the duty

Financial rights for unmarried parents

If you are not married and your relationship has broken down there is no legal requirement for maintenance to be paid by one of you to the other. However, if you have a child together you both have a financial obligation towards that child. Child maintenance A parent who does not live with the child

What is Financial Disclosure?

Financial Disclosure is a phrase I use at least daily, sometime more than 5 or 10 times a day. It’s part of my everyday language and sometimes those of us in the family law world forget that those two words may not have an obvious meaning to anyone else. Quite simply, financial disclosure is the

Who pays the school fees on Divorce

Most of the clients I meet with, whether through mediation or to give advice to, whose children are in private education stretch themselves to ensure they can meet school fees. There are not many couples where school fees are met easily from either savings or income. However, the wish to educate their children privately is

Pensions and divorce

Kim Williams, from Kreston Reeves is our latest guest blogger. Kim discusses how your pension could be impacted by divorce and also covers how advice from both your financial advisor and specialist family lawyer can really help in achieving the best outcome. We have recently experienced an influx of clients who want to discuss how

Pre-Nuptial Agreements for Business Owners

Before addressing business owners and pre-nuptial agreements I felt it may be helpful to revisit some of the general principles that apply in relation to pre-nuptial agreements. What is a Pre-Nuptial Agreement? It is an agreement between two people about to get married/enter a civil partnership which sets out what they want to happen to