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Divorce law blog

Why a change in the law affects divorcing business owners the most


05/11/2012   By: Nigel Shepherd
*This blog post has been updated on 19 November 2012 to clarify that the Court of Appeal did not reduce the wife's award by £9 million as has been mis-reported in the press. Her overall award remains £17.5 million as originally ordered by the High Court. See below for the updated story.* You may have spotted headlines such as "Oil tycoon who used African law to fight £17 million divorce wins landmark case to slash payout to wife by £9 million" in the press last weekend. These all concerned a particularly high-profile decision in a Court of Appeal case called Petrodel Resources Limited v Prest. The case will have a real impact on business owners who are divorcing and will likely mean that wealth protection measures such as pre-nuptial agreements and family investment companies will become more important than ever.

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Paying to receive child maintenance


24/10/2012   By: Rose-Marie Drury
Government proposals to replace the Child Support Agency with the Child Maintenance Service (CMS) have recently hit the news. But what is likely to be the main effect of these proposals for parents? Could you end up paying to receive child maintenance?

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Sharing inherited wealth on divorce


17/10/2012   By: Philip Way
A decision from the divorce courts in a recent case has looked again at the way that inherited assets are divided when a couple splits up. The result is a reminder that the courts will consider a range of factors in every case and may decide that sharing out the couple's assets exactly 50/50 is not the most fair approach.

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Mills & Reeve offering fixed fee family arbitration in October to raise awareness of the benefits for resolving divorce disputes


08/10/2012   By: Nigel Shepherd
Family arbitration is quicker, more flexible, more confidential and cost-effective than going through the courts to sort out financial issues in a divorce. Yet many people are still unaware of how helpful an approach it can be. So, to promote its benefits in resolving financial family disputes, we’re offering arbitration for a fixed fee during the month of October.

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Fairness and certainty? Can divorcing couples expect a legal system that provides both?


24/09/2012   By: Edward Heaton
The Law Commission has published a consultation paper considering the way in which finances are dealt with on divorce.

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“A second marriage is the triumph of hope over experience” - but what about a fourth?


15/08/2012   By: Nigel Shepherd
Are pre-nuptial agreements (often called pre-marital agreements now) worth the paper they are written on? How binding are they now and in what circumstances might you want to consider having one?

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Don’t neglect your pension pot when getting divorce advice


10/08/2012   By: Katherine Kennedy
When it comes to sorting out your finances as part of your divorce settlement, it can be difficult to appreciate that specialist pensions advice – over and above that provided by your lawyer – may be worth the additional expense. However, reviewing your pension sharing options properly is a crucial part of weighing up what you and your family need in the immediate future versus the longer term considerations.

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The truth will out


09/08/2012   By: Nigel Shepherd
What happens when one party in a divorce decides not to disclose the whole truth about their finances? Is it worth the risk?

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Cuts on public funding - the impact on the family courts


13/07/2012   By: Andrew Moore
The Government is introducing wide-ranging cuts to public funding (legal aid) from 1 April 2013. The majority of cases that were eligible for public funding may not be eligible next year. The effect will be an increase in people representing themselves at court due to an inability to pay legal fees.

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Elephant traps on tax for family lawyers


22/05/2012   By:
A gallop through the main issues for family lawyers to watch out for and, where appropriate, ask for expert input!

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The information on this blog is not legal advice. You should not rely on it and we don't accept liability in connection with it. Please read our full disclaimer and let us know if you would like us to advise on any legal issue.