Asset division for unmarried couples
Posted in Family & Divorce on 24th May 2022
How do assets get divided when I am unmarried?
In recent years it has become popular for couples to live together for a long period without marrying. Additionally, more and more couples reside together, buy properties together and have children together without marrying. But what happens when the relationship breaks down? What rights do unmarried couples have?
When a couple is married, there are rules as to how the assets in the marriage are to be divided between the couple. The courts take the stance that the assets acquired during the marriage...
Do you know what a pre-nuptial agreement...
Posted in Family & Divorce on 24th Mar 2022
What is a pre-nuptial agreement?
A pre-nuptial agreement is a legal document between couples that sets out what will happen to their finances and assets in the event that they divorce. A pre-nuptial agreement allows parties to reach an agreement before marrying about how they wish to divide their assets should the relationship break down in the future.
If you are about to marry, it is beneficial to consider having a pre-nuptial agreement drawn up to show what you intend to happen to your money and property upon separation. Although discussing entering...
No fault divorces
Posted in Family & Divorce on 18th Feb 2022
Separating couples will soon be able to obtain a divorce without having to blame each other for the breakdown of their marriage.
In April 2022, the Divorce, Dissolution and Separation Act will come into play, introducing the new law on no fault divorce in the UK. This reform means that ‘fault’ and ‘blame’ will be removed from the divorce process.
Current Position
Under the current law, the only way for couples to obtain a divorce is to prove that their marriage has irretrievably broken down, and this has to be evidenced by one of the following...
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