The transfer of assets between married couples does not attract capital gains tax (although it could give rise to stap duty). However, when a couple separates and divorce this position may change. In March 2023, the government introduced legislation (the…
Mediation in a separation / divorce scenario involves both parties meeting with a mediator, who is an independent neutral person, who will help the parties reach agreement. The mediator cannot give advice to either party but can give information such…
Earlier this year, the Law Gazette published an article explaining how law firm Michelmores had successfully applied to reduce the mandatory 20 week ‘cooling off period’ between the issue of a divorce and the grant of Conditional Order. This spurred…
One of the most common questions when people are getting divorced is whether they can keep their inheritance or whether they have to share it with their former spouse. Our team of expert divorce lawyers in Milton Keynes are here…
Whether you need a pre-nuptial or pre-marital agreement (sometimes also referred to as a prenup) will depend on your individual circumstance. Many people believe prenups are only needed for the rich and famous but that is not the case. Whilst…
Parental alienation in the family court has hit the headlines recently, in the more attention-grabbing titles seen below. These articles and programmes detail the investigations made by the BBC in respect of mothers who have had their children removed by…
Whilst it is possible to divorce without resolving the finances, there are factors to consider before doing so. There are often financial benefits to being married, including tax incentives and pension benefits. Divorcing without a financial order may exclude these…
Whether or not you are entitled to child benefit depends on your personal tax position. If however, you have been automatically claiming child benefit it is important to remember to update HMRC after your child has completed their GCSE’s to…
The short answer is yes if you both share parental responsibility and there are no relevant court orders in place you will need their permission. This also applies to any other person who has parental responsibility (PR) for your child,…
Assets overseas are treated in the same fashion in a divorce settlement to those assets held in this jurisdiction. The crucial first step is for the parties to look to agree on a valuation for the asset, which may require…