Divorce myths
Women losing out on pensions on divorce
There were some rather shocking headlines last week regarding women losing out on pensions when they divorce. This was all sparked by an Age UK report. The report stated that is should be “the norm” for private pensions to be considered as part of the divorce process and, wherever possible, divided fairly between spouses. In…
Read MoreHow to protect your pension share from falls in the stock market
The previous blog “How is the value of my pension share calculated?” highlighted the process to be followed in calculating the amount of funds to be transferred on implementation of a pension share. If there is a significant fall in the stock market from the date of the original valuation to implementation date it’s very…
Read MoreAre you entitled to a fair share of the assets on divorce?
It’s not unusual that when there are children in the marriage that the wife earns less than the husband. She may be a stay at home mum or earn a lower income simply because she works fewer hours in order to be able to cover childcare. It’s also quite usual that if your family budget…
Read MoreWhat lifestyle will you lead after your divorce?
Following divorce it’s very likely you will want to maintain the same lifestyle as you enjoyed during your marriage. If there are sufficient funds to go round that’s likely to be the outcome. However, consider what will happen if there isn’t enough money. The same income that was being used to support one household during…
Read MoreAlternatives to court for your divorce
As mentioned in “Should I use a solicitor for my divorce?” instructing a solicitor does not automatically mean you will end up in court with protracted, drawn out divorce proceedings. There are a number of other alternatives, and which one of these is best for you depends on your individual circumstances. Below I’m briefly going to…
Read MoreShould you use a solicitor for your divorce?
If you and your husband are getting on well, or you have a limited budget, you might think it’s a good idea to want to sort the divorce yourself, without instructing a solicitor. A DIY divorce will be cheaper than using a solicitor in the short term, but may infact be more expensive in the…
Read MoreWhat if you’re a stay at home mum and getting divorced?
It’s easy to think that you’ve stayed at home during your marriage bringing up a family, whilst your partner has gone out to work, that this will impact on the financial settlement you will receive when you are divorced. Since the partner who worked earned the money doesn’t it mean that he gets a greater share of the matrimonial…
Read MoreAre you a “Common Law Wife?”
It is a widely held belief among women that if they are cohabiting but not married that they will have the same rights as a spouse should they and their partner later separate. However, this is a myth. I’m going to say that again just to make sure you heard correctly: this is a myth.…
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