Once upon a time, family law was considered a minor legal discipline – simple, straightforward, largely bureaucratic – perhaps a little bit ‘high street’. That has changed substantially in a relatively short space of time. While it was never traditionally considered a City discipline at all, the rise of England and particularly London as a global centre of commerce has quite literally put paid to all that.
As a direct result, Vardags Family Law News will offer commentary on the financial aspects of family law, particularly divorce, its complexities and possible solutions for both sides.
Resolution have circulated the top 10 reasons divorce petitions are being returned. Her Majesty’s Court and Tribunal Service (HMCTS) revealed last year that since the move from courts to Divorce Centres approximately 40% of petitions are being returned due to drafting errors.
Home Secretary Theresa May has launched an independent review of Sharia Law as part of a Counter-Extremism Strategy. The review aims to investigate evidence of “misuse” of Islamic law to subjugate or discriminate against Muslim women.
If you have ever regretted not getting a pre-nup, there may be a solution: the post-nuptial agreement offers the same protection of assets, but can be signed well after the wedding. However, there is a darker element to the post-nup.
A reminder to all personal representatives on potentially exempt transfers (PETS) featured recently in HMRCs newsletter.
Over the course of the last few years a number of changes have been made to the law on pensions. This week, the Department of Work and Pensions published new information regarding the new arrangements for State Pensions sharing which will be introduced on 6 April 2016.