A financial order is a legally binding court order that specifies how a divorcing couple’s assets should be divided between them. It can cover all types of financial assets, including the family home, savings and investments, and pensions. They are also sometimes referred to as ‘divorce financial orders’ or ‘financial…
At Woolley & Co, Solicitors, we are redefining what it means to build a successful and fulfilling career in family law and legal services. As a people-centric firm, we prioritise flexibility, professional growth, and a supportive work environment. Whether you’re an experienced family law solicitor, an administrator, a finance expert,…
Many couples can benefit from a prenuptial agreement (prenup), which helps them clarify their financial position and provides important protection should they divorce in the future. This is a comprehensive guide to everything you need to know about prenuptial agreements, covering the following questions: What is a prenup? How do…
You will regularly hear people refer to the terms common law partner, or common law husband or wife. I’ve even seen it used on official forms, for example by insurance companies. Unfortunately, it is a very misleading concept and for anyone who lives with their partner and considers themselves to…
Navigating the end of a marriage is challenging and making sure you resolve financial issues is essential. A clean break order is designed to sever the financial ties between you and your ex-spouse, allowing both parties to move forward independently. But what happens if your ex refuses to sign the…
Prenuptial agreements (prenups) are used by couples who want to clarify their respective financial rights and obligations prior to marriage. Prenups detail how a couple’s assets will be divided in the event of a divorce, limiting the potential for conflict over who gets what. There is no ‘one-size-fits-all’ approach, which…
While the circumstances surrounding a divorce may be different for every separating couple, the standard process will typically remain the same. It is important to have a clear understanding of what the divorce procedure involves so that you know what to expect and what the anticipated timeline will be. Our…
Many couples question whether it is worth making a divorce application if a marriage will automatically dissolve after a certain period of separation. On the surface, an automatic divorce would seem like a simple solution. However, there is no such thing as an automatic divorce in the UK, which means…
Divorce is rarely straightforward. Therefore, it is understandable that many people considering a divorce want to establish whether they can streamline the process, keeping time, money, and stress to a minimum. The desire for a quick and easy divorce means that searches for online divorce applications are common. That also…
It is very common for couples to choose to live together without being married or in a civil partnership. This type of arrangement is referred to as cohabitation. Cohabitating relationships can be suitable for many couples, but it is important to be aware of the potential legal implications of such…
Spousal maintenance refers to an amount of money that is paid from one spouse to another during divorce. The payment is made from the spouse with the higher income to support the spouse with the lower income. Whilst spousal maintenance is not always payable, it will be ordered by the…
Following a divorce, it may be appropriate for the party with the higher income to make regular maintenance payments so that their former partner is able to meet their ongoing living costs. This is known as spousal maintenance. There are various types of spousal maintenance which can be implemented, one…
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