Tag "financialarrangements" posts
Since the introduction of ‘no-fault divorce’ more people than ever are starting their divorce on the government website. It’s simple to kick off a divorce yourself but when it comes to sorting out your money and property things can quickly become baffling [...]
We're [LiveMore](https://livemorecapital.com/), a specialist mortgage lender for people aged 50 to 90+ and we talk to Audrey about her experience of divorce and how gettting a mortgage in her 60s helped her to move on and rebuild [...]
If you or your ex have applied to end your ‘legal marriage’ with a no-fault divorce on the government website, you’ll be emailed to say you can apply for your Conditional Order 20 weeks after the application was made and the divorce issued (the ‘reflectio [...]
Jeremy Hunt’s Autumn Statement 2022 set out a raft of policies aimed at both stabilising the economy and dealing with inflation and the cost of living crisis. If you are divorcing or separating, the statement presents new challenges for you and your famil [...]
If you decide to separate or divorce, you will need to agree on how you divide your finances. This means any money, property, debt, or pensions. There are lots of ways you can reach an agreement on how to separate your finances, and some options are cheap [...]
When you get married, you become financially tied to your partner. If you divorce your partner, it might surprise you to learn that this doesn’t automatically end your financial relationship with them. A ‘clean break’ usually refers to a type of order th [...]
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 [...]
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 [...]
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 […] [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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. [...]
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)... [...]
Writing a blog on reasons not to use amicable’s divorce services may seem odd. But there’s a good reason why. Since amicable launched, we’ve found that there are a three main worries couples face when considering using an online divorce service. So, we wa [...]
A consent order is a legally binding document that sets out the financial arrangements you and your ex have come to. It details how you’re going to split any assets, debts, pension, and income you […] [...]
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 […] [...]
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 [...]