Category "Finances" posts

Category "Finances" posts

sticky notes
amicable’s checklist for the 20-week reflection period

No-fault divorce was introduced in England and Wales on the 6th of April 2022. This represents the end of the ‘blame game’, meaning you no longer need to blame each other in the legal paperwork. There are several changes to the system which includes the [...]

Silhouette of man and woman against brick wall
What does a Divorce Coach do and how can they help with your divorce?

The truth is, most people don’t get divorced very often, and it’s pretty rare that you will continue living the same lifestyle when you separate. So to fore-see all the things you’ll have to sort out and navigate is tough. It is a vulnerable and worrying [...]

financial settlement in divorce
Divorce Financial Settlement | FAQs - Everything You Need to Know

The financial side of divorcing and legalising what has been agreed is sometimes called a divorce financial settlement. Here's everything you need to know about the financial settlement or arrangement (or the consent order as it's commonly known)... [...]

Coins in a jar
Pension Sharing Orders - FAQs

A pension sharing order will require one former spouse’s pension provider to give some, or all, of the funds in that pension plan to their ex (the ‘recipient’). A pension sharing order can be made in respect of a pension either before or after it is in p [...]

Couple in mediation
A guide to the Family Mediation Voucher scheme

Find out what the new Family Mediation Voucher scheme is, if you're eligible for the £500 mediation voucher and what other alternatives are out there to help with agreeing finances and childcare post-divorce and separation. [...]

financial settlement in divorce
How to arrange (and protect) your finances using a divorce specialist

The financial side of divorcing and legalising what has been agreed is sometimes called a divorce financial settlement. Here's everything you need to know about the financial settlement or arrangement (or the consent order as it's commonly known)... [...]

Man operating laptop
What is a consent order and how to get one online?

Ending your marriage or civil partnership is one legal process and ending your financial ties is completely different legal process. The legal process of severing your financial ties is called a consent order or financial order. This blog will explain how [...]

Stack of coins on bank note
How much does divorce cost in the UK? – Step by step guide on how to keep the cost down

Divorce has a reputation for being expensive, but fees don’t have to rise through the roof. Luckily, there are plenty of ways to keep the costs down so that breaking up doesn’t have to break […] [...]

Stacks of coins with symbols above them: Clothes, Medical, Education, Housing, Vehicle and Food
What is a divorce financial order guide

A divorce financial order is a document that makes your agreements about how to split your finances legally binding. It usually has a clause in it that ends any future claims you may have against […] [...]

piggy bank
Financial disclosure and divorce

We often get asked by our customers, whether or not you need to disclose your finances to your spouse if you’re divorcing. This will depend on your individual situation and the nature of your divorce. We have outlined below when financial disclosure migh [...]

Shaking hands
Is it a gift or is it a loan?

A frequent question that comes up with our customers, is whether a sum of money given by a parent to the couple, or one of them in particular, is a gift or loan. Clarity on this matter has been somewhat reached through the judgment passed by HHJ Edward He [...]

House and hands
Inherited assets and divorce

We often get asked questions relating to divorce and inheritance, such as ‘what happens if I inherit assets when I am going through a divorce or if I am already divorced? Is my ex entitled to any of it?’. The topic of divorce and inheritance can be quite [...]

bitcoins
Cryptocurrency and divorce (England & Wales)

If you’re currently going through divorce (or dissolution) proceedings and you are planning on formalising your financial arrangements through a financial remedy order or a consent order, you will need to disclose everything you have in order for the cour [...]

Woman with credit card
Debt and Divorce (England and Wales)

You, like many, might be wondering ‘what happens to debt in divorce?’. Debt refers to a sum of money that is owed or due to another individual or institution. There are many different types of debt and it might surprise you to know that debt is included w [...]

coins
Pensions on divorce and dissolution

If you have decided to divorce, or dissolve your civil partnership, you and your ex need to decide how to separate, and possibly share, your financial assets. The first step is to provide each other with full details of your income, property, pensions an [...]

Keys in front door of house
What’s a Mesher Order? Options for sorting out the family home

A Mesher Order forms part of your consent (financial) order and allows you to postpone the sale of the family home until your children have completed their secondary education (sometimes extended to cover their university education). Crucially... [...]

Piggy bank
Silver splitters’ state pensions - Guide on how to check if you’re entitled to a pension boost

If you reached the state’s retirement age before April 2016 and went on to get divorced, you could receive a government boost to your pension. Read the full details below. [...]

Hand holding credit cards
Establishing a new relationship with money after divorce

Reaching a fair financial settlement often takes centre stage during a divorce or separation and is key in achieving an amicable divorce. For many, a divorce marks not only a change in financial circumstances, but the start of establishing a new relations [...]

Dad and daughter at kitchen sink
Coronavirus (COVID-19) and It's Impact on Child Maintenance

Lots of you have been in touch asking about child maintenance payments during the COVID-19 lockdown. There's little official advice other than children under 18 should continue to see both parents and move between their two home to keep the status quo. Bu [...]

Man paying for something online using debit card
Coronavirus (COVID-19) and Your Financial Settlement

If you're negotiating your financial settlement as part of your divorce or separation as well as dealing with Coronavirus (COVID-19), then the anxiety levels can start to feel overwhelming. But don't worry, we are here to help, and have put together some [...]