Australia to introduce ‘divorce tax’

May 15, 2015 0 comments

divorce, family law

Separating couples in Australia will soon face increased court fees after the introduction of a so-called “divorce tax”. The current price for filing for divorce in the country is AU$845 (£431), but that is set to rise significantly in the next budget from Prime Minister Tony Abbott’s centre-right Liberal/National Coalition government. Dubbed a “divorce tax”…

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Pension warning for divorcees

May 11, 2015 0 comments

Duxbury Tables

Some divorcees may lose out on pension benefits if they are not careful, a financial advice firm has warned. As an unintended consequence of pension reform some divorced people who had a ‘pension earmarking order’ made in their favour could lose out on the money they expect. Such orders can be made as part of…

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Divorce, finances and the courts

May 5, 2015 0 comments

finances and divorce

In the latest video of the series, Stowe Family Law Senior Partner Marilyn Stowe talks about the various decisions courts can make in relation to finances. When a couple gets divorced, there is a great range of orders the courts can make in relation to their finances going forward. These orders can cover, but are…

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Pope: Fear of divorce stops people getting married

May 3, 2015 3 comments

Pope Francis 14.11.13

Young people don’t get married because they are worried about divorce and the risk of failure, according to Pope Francis. Speaking in St Peter’s Square this week he said that the situation was indicative of the “cycle of family breakdowns plaguing the West.” He pointed to the fact that many people prefer to cohabit rather…

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Adultery, divorce and third parties

May 1, 2015 1 comment

adultery, divorce

In the latest video of the series, Stowe Family Law Senior Partner Marilyn Stowe talks about the urge to name a third party when your spouse has been unfaithful. Finding out that your husband or wife has been unfaithful can be devastating, whether the revelation was out of the blue or you simply had long-held…

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Ex-wife of US oil billionaire loses divorce appeal

April 29, 2015 2 comments

finances and divorce

The ex-wife of a wealthy US oil tycoon has lost an appeal against her divorce settlement. Sue Ann Arnall filed for divorce from husband Harold Hamm in 2012, claiming that he had been unfaithful. They had been married since 1988. Her husband, now 69, is founder and CEO of highly successful oil firm Continental Resources,…

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Children of divorce should live with both parents

April 28, 2015 1 comment

divorce, children

Children who live with both parents after a divorce are less likely to develop health issues, a new study suggests. Researchers from Sweden examined data from almost 150,000 children who were either 12 or 15 years old. Sixty-nine per cent of them lived with married parents, 19 per cent spent time living with both parents…

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Divorce reduces retirement income

April 28, 2015 0 comments

divorce

People who plan to retire this year are likely to be £2,100 per year worse off on average if they have been divorced, an insurance firm has claimed. Prudential publishes annual assessments of the prospects of people planning to retire over the coming 12 months. Its newly published Class of 2015 report cites the average…

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Italy introduces new faster divorce law

April 26, 2015 0 comments

divorce

The Italian parliament has passed a law which will reduce the time it takes to get a divorce. Italian couples seeking to end their marriage can now do so within six months if it is uncontested. The time required for contested divorces has also been reduced to a year. Previously, couples would have to wait…

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