President announces financial remedies courts

December 4, 2017 0 comments

family law

Her Majesty’s Courts and Tribunals Service will begin trialling a new specialist financial remedies court next year, Sir James Munby has announced. In an official circular, the President of the Family Division said the case for a national network of such courts had been “persuasively argued” by legal authorities. He noted that he had himself…

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Child maintenance evaders targeted by new bill

November 29, 2017 8 comments

family law

A private member’s bill on child maintenance evasion has received its first reading in the House of Commons. Heidi Allen is the Tory MP for South Cambridgeshire. She introduced the Child Maintenance Income Assessment Bill under the Ten Minute Rule Procedure. It aims to “equalise the assessment and enforcement of child maintenance arrangements of children…

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Form E failures: dos and don’ts during disclosure

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November 24, 2017 2 comments

finances and divorce

When a marriage that has broken down irretrievably, parties in the process of obtaining a divorce or separation are expected to make full, frank, relevant and continuing financial disclosure to each other, setting out full details of their circumstances. Family law group Resolution encourages, and indeed expects, both parties to voluntarily begin financial disclosure at…

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Divorcing couples spared stamp duty rise

November 23, 2017 1 comment

property

Divorcing couples should no longer run the risk of inflated stamp duties when buying property, following this week budget. Chancellor Philip Hammond announced plans to close a loophole which had seen couples going through a divorce frequently penalised by a three per cent surcharge on second homes, a measure which had been intended to rein…

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Daughter of Formula 1 tycoon completes divorce

October 13, 2017 0 comments

finances and divorce

The daughter of high profile Formula One boss Bernie Ecclestone has brought her six year marriage to an end. Petra Ecclestone married businessman James Stunt in Italy six years ago. A prenuptial agreement was signed before the ceremony. But when the relationship broke down the family feared an extended courtroom clash over the couple’s multi-billion…

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