Understanding the rights of donors and the legal status of joint estate contributions Young couples – and sometimes not-so-young couples – are often the grateful recipients of generous financial donations from family members who want to help the couple on their married journey, particularly in the current economic climate where a lump sum for a […]
Vehicles, art collections, antiques, jewellery and wine Divorce is never a word spoken lightly. Whether a marriage has lasted five years or 50, the end of what was meant to be a lifelong partnership is difficult. We’ve written about child custody and a range of issues parents of minor children have to consider when they […]
Don’t ignore a maintenance order! When a couple divorces, a requirement to pay maintenance is often included in the divorce arrangement. This could be spousal maintenance, child maintenance, or both. While there is not always a court order involved, when one is in place it is legally binding. In maintenance disputes, a court order can […]
Pros and cons of liquidators and receivers in divorce proceedings Liquidators and receivers are more commonly associated with corporate failure. A liquidator is an individual or entity (often an accountancy firm) legally empowered to wind up a company’s affairs when it is closing – typically when the company is going bankrupt. A receiver is someone appointed […]
What do divorced parents need to know about travelling with their children? Children of divorced parents often say one of the unintended benefits of the divorce is twice the holidays. Although agreeing on holiday contact can be contentious for parents, divorce can mean the child spends almost the entire school holiday period on vacation. But […]
This article on the two-pot pension system is the second in our three-part series on divorce in later life. What do changes to the Pension Act mean for couples divorcing in later life? If you have an occupational pension or pay contributions to a retirement annuity (RA), you will be aware of the changes in […]
The role of the forensic accountant “Whoever controls the data controls the narrative,” said an anonymous divorcĂ©e from Virginia in the US. She hired a forensic accountant when her marriage ended and she suspected her husband, a business owner, of being less than transparent about the value of that business. As she had not worked […]
High-net-worth divorce requires special handling After eight years, the divorce between Brad Pitt and Angelina Jolie was finally announced at the very end of last year. The proceedings were acrimonious, with the extensive delay apparently caused by a legal dispute over a multi-million-euro wine estate in France. Eight years is a long time for divorce […]
