Friday July 30, 2010 at 9:22pm
OK, you have the pension CETV and are persuaded it is the appropriate valuation to use. Like my last Blog on CETVs, this article is mainly for lawyers from other firms who do not specialise in family law and who need some basic guidance on this complex area. If you are not a lawyer, this article on pensions and divorce is likely to be more helpful. The next step is to consider what % of the pension rights should go to whom. It is not an easy question!I suppose it might be assumed that the obviou....
Friday July 30, 2010 at 2:54pm
I’m a big fan of the Vicar of Dibley. Shame they’re not making any new ones now. Funny, gentle, inoffensive – bit like the impression I have of its writer and star Dawn French, though I have never met her. Over the years, I have also liked a lot of what Lenny Henry has done – though I think perhaps he peaked too early with Tiswas in the late 1970s. For years, these two modern-day pillars of British comedy were pillars of a modern-day family – married, apparently hap....
Monday July 26, 2010 at 7:58pm
Obviously, in a divorce case where the pension is seen as relevant (and, to my mind, that is almost always) a valuation would be needed. But then there is a need to properly understand the valuation!
I pause at this point to say that this article is mainly for lawyers from other firms who do not specialise in family law and who need guidance on this complex area. If you are not a lawyer, this article on pensions and divorce is likely to be more helpful. Of course, the prescribed ....
Monday July 26, 2010 at 4:20pm
Some people wait for years. For others, they leap into it with both feet after having only known their soon-to-be other half for a short while. I’d never thought there was any prescription for when was the right time to take the plunge, pop the question and walk up the aisle. It seems I was wrong. Psychologist and relationship manager Dr Pam Spurr believes she has identified a “golden window” of opportunity for couples to get married. Miss the window by going too soon, and you ....
Friday July 23, 2010 at 10:02pm
Divorce can be very taxing Surprisingly to many people, there are actually quite a few tax implications of the ending of a marriage or civil partnership. Many are also surprised to hear that, for income tax purposes, the relevant tax year of change is the year in which the people separated and not when the actual divorce went through. A ”snapshot” of some of the issues would include:
Any tax credits sorted out during the marriage or civil partnership need to be reassessed ....
Friday July 23, 2010 at 4:02pm
I’m feeling a little bit revolutionary. I think it’s time for a change. Something is blowing in the wind. Working together, we can change the world, and all that. The way people divorce needs to change. Over the length of time I have been doing these blogs, and some time before, I have talked about a whole host of changes that would make the separation process better, from no fault divorce, to pre-marriage counselling and compulsory mediation before a divorce can be agreed. Most rece....
Tuesday July 20, 2010 at 4:30pm
It is something we have all heard of, but is it a myth or is it prevalent? We are doing some research to find out. Have you or anyone you know stayed married for the sake of the children? My perception is that a generation or so ago this was relatively common. Couples did stay together, no matter what. Wives and husbands were more likely to remain in unloving marriages for a number of reasons: a feeling that there is no other option, fear of the unknown, or simply because it was the done thing a....
Friday July 16, 2010 at 10:05am
We British aren’t very good at negotiating. This is a generalisation but also a generally held belief. Just look at the Money Supermarket ad running on television at the moment with comedian Omid Djalili mocking the English inability to haggle. Many a true word…. Negotiating can save a fortune if you just have the cheek to make an offer. Divorce is not necessarily different. Going to a
divorce solicitor does not necessarily mean going to court. Many couples going through a divorce d....
Wednesday July 14, 2010 at 11:05am
A fellow blogger made the interesting point recently that “a divorce is just like a wedding, only more honest”. Does that then mean that lawyers should be viewed in a better light than ministers?! No, I doubt it either. It does make you think though. Should the (traditional, stereotypical) wedding vows be amended to read “love, honour, obey and be honest”? Individuals do get swept up in the whole romance of getting married. For some – and I am not saying it is a hug....
Friday July 9, 2010 at 5:04pm
Money is the root of all evil, the saying goes. Some might say that is an over-statement. Many would not. However, when it comes to divorce, sorting out the finances can bring out the very worst in people, making an already tricky situation highly volatile. A
financial settlement needs to take into account many different aspects, including any property, possessions, back accounts, savings, stocks and shares, and pensions. Also, any business interests may need to be included. Just putting a value....
Wednesday July 7, 2010 at 10:39am
I guess it is only human nature to worry about money. But it still does strike me as unusual sometimes the importance people assign to the cost of a divorce. It comes ahead of how the process works, what will happen to the children and division of assets. So someone decides that they can no longer stay with the person they pledged to stay with forever when walking down the aisle. Or, if they’re not married but have been together for some time, someone with whom they may have bought a house....
Monday July 5, 2010 at 5:48pm
Many individuals who have to concede possessions or property to a partner when they split up do so grudgingly. No matter how good spirited most people are, anxious to do the right thing and ensure their former partner and children are provided for, I suspect there is almost always a little clenching of teeth to some degree or other. It might be a share in a house, or car, or part of a pension pot. So spare a thought for Dmitry Rybolovlev. The 43-year-old Russian oligarch is reportedly facing a d....
Friday July 2, 2010 at 7:19am
My last blog got me thinking. That's a new one. I do generally think about these pearls of wisdom before I take finger to keyboard, but the last offering had me thinking on the topic a bit more deeply. We were talking about how to tell children about divorce and I suggested some guidelines which I hope could help make a difficult situation slightly easier for any offspring involved. Ultimately though, it is still going to be heartbreaking for them and in many cases made worse by that fact that s....
Thursday July 1, 2010 at 10:27pm
Nick Clegg has today asked us all to help the Government make divorce better. You can see the Family Justice Review Panel they have set up, here.
This could be a very complex subject, so to keep things clear I set out below some quick thoughts.
1. “Take the fault and blame out of divorce”. We hear this a lot and it seems to be blamed upon the absence of “no fault divorce”. Where does that phrase come from? The present law is not about fault but about grounds. If ....