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Agreeing a financial settlement is a huge milestone during the negotiation process of a divorce. It is advised that separating couples obtain a financial order that sets out this settlement, as whilst this is not mandatory, it will make this agreement legally binding. Some lucky couples can decide on how to divide up their assets, agreeing their financial settlement without…
A separation agreement is a legal document a couple reaches once they start living separately. It is used to track the division of financial assets and any reached arrangements regarding children. This can provide you with more certainty about what comes next, and help you secure your financial wellbeing. Additionally, the agreement will help you in any unforeseen disagreements and…
Divorce is a complicated and emotionally draining process that can have far-reaching consequences for all parties involved. The financial aspects of divorce are crucial in the United Kingdom, requiring thorough and precise disclosure of assets & obligations to guarantee a fair settlement. Form E, a comprehensive document that covers each party’s financial status, is a vital component of this process.…
One of our clients has written down their experience with Fair-Result. More specifically Chris and Peter – who helped them get divorce costs under wraps and achieve the best results from the divorce. “I was referred to Fair Result by a previous client on a Facebook divorce group. My husband left me at 66 for a younger model. My life was torn apart,…
When considering divorce the first question people often ask themselves is “how long will it take and where do I start?” Whilst this will most likely be one of the most stressful periods of your life, with very sensible and practical considerations, you can begin a new, and much happier chapter in your life. In today’s article, Chris will be answering…
One of the core parts of the divorce process is agreeing on a financial settlement. Especially now, with the introduction of no-fault divorce, it has become more straightforward to get divorced than ever. However, you don’t want to be caught off guard by the future repercussions of a DIY divorce. Securing your financial future should be one of the main…
Divorce is a difficult and highly emotional process that typically has long-term consequences for all parties involved. However, the United Kingdom has made tremendous steps in recent years to lessen the negative impacts of divorce by enacting no-fault divorce legislation. The goal of this move was to simplify the divorce procedures, eliminate resentment between divorced couples, and create a more…
On the 20th of July 2022, the government announced their plans to change the rules that apply to the transfer of assets between spouses and civil partners who are in the process of separating. The changes will be in effect from the 6th of April 2023. The new Capital Gains Tax (CGT) measure aims to make the process fairer for…
The government has recently published draft legislation and an accompanying policy paper, Capital Gains Tax: Separation and Divorce, proposing changes to the rules relating to the transfer of assets between separating spouses and civil partners. The draft legislation will form part of the Finance Bill 2022-2023 and is due to be implemented with effect from 6/4/2023. The impact of the changes will be…
Cryptocurrencies, such as Bitcoin & Ethereum, have been rapidly becoming mainstream in the last couple of years. We saw a massive boom in their evaluation during the Covid-19 pandemic – with more and more people buying crypto assets. In other words, the more people have cryptocurrency holdings – the higher the likelihood of it being involved in a divorce. So,…