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Family Law Blog : Finances

Comment on divorce & family law 

A mealticket for life revisited

A mealticket for life revisited.

The Supreme Court has now handed down the judgment in the case of Mills v Mills, a case keenly watched by family lawyers as it sets out some further guidance on cases about payment of maintenance from one former spouse to the other.

Bitcoins and PayPal - New Ways of Hiding Assets in Divorce

bitcoins hidden in divorce stacked in front of computer .

For divorce lawyers, encountering people trying to hide assets that form part of the matrimonial pot is nothing new. What is new is the in which parties may try and achieve this. In divorce proceedings the courts of England and Wales take a pretty robust approach and require that both parties provide a full and frank picture of their respective financial circumstances.

Who gets spousal maintenance?

Spousal Maintenance.

A spousal maintenance payment is a payment made by one party to a marriage or Civil Partnership to the other party. The legal term for such maintenance payments are “periodical payments” and the court can make what is called a periodical payments order in favour of one party.

Divorce courts and system creaking under the strain?

UK divorce system creaking under the strain.

As Resolution family lawyers, we are always encouraging our clients to try and be reasonable, to be willing to compromise, and to keep their case in proportion. “Don’t let the lawyers be the ones who get all the money” is a phrase we hear ourselves saying time and time again. But despite our (or their) best efforts, there are always going to be cases that don’t settle easily. The ones where the person on the other side just will not be reasonable, will not negotiate, or has such unrealistic expectations of what the outcome should be, that we are going to need help getting to a conclusion. 

University fees – the obligations of a parent

Parents, university fees and child maintenance.

As new terms started recently many students will have thought long and hard about the likely costs of going to university.  In a BBC article a few months ago the average student debt was calculated to be an eye watering £57,000.  Having had a full grant and a job in the university cafeteria it was a less of a worry when I was studying law but now it’s a serious burden that children and parents must think about.

 

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