Category: Marriage

Is It Worth Getting Married These Days?

Marriage is being brought into question more than ever these days and for some couples, simply living together is preferable. Some people view marriage as a huge expense just for a piece if paper. They me even live together for decades and have children in the process. So, is entering into a marriage or civil partnership worth it?  

The short answer from a legal perspective is yes if you want to protect areas such as inheritance and save on huge tax bills either for those left behind when you die or a partner die. While this is not an article designed to promote marriage, indeed for some couples it can be preferable not to pass on their assets to a partner when they die, let’s highlight how being married can save a number of legal headaches.  

Perhaps the biggest consideration for mature unmarried couples is the will. If your partner dies you won’t inherit anything and the best you can hope for is some provision towards living costs. If you had children together inheritance will pass to them. If there are no children then your partners family members will be next in line to inherit as part of Intestacy Rules.  

The next potential issue is inheritance tax. Couples who marry will and leave everything to their spouse will have ensured no inheritance tax is due on the estate. The opposite is true for unmarried couples where IHT can take away a significant chunk of the inheritance.  

These potential outcomes are avoided if a couple decides to marry and there have been some high-profile cases where a person has decided to marry just before death for this very reason.

Brexit Divorce Dilemma For Property Owning Couples

With Brexit looming large in March property prices may see a dramatic readjustment that could go one way or the other depending on the outcome. This may not be an issue for those not planning on moving anytime soon but for couples on the edge of divorce there is now a dilemma.  

Property prices to a great extent are driven by a mixture of national sentiment, the availability of credit and seismic shocks to the economy. The financial crisis of 2008 for example brought prices tumbling across the country and many areas are still yet to recover.  

According to the Governor of the Bank of England, Mark Carney, a no deal Brexit could see prices fall by 35% in three years. Whether this actually turns out to be the case is another matter. Forecasts by the Bank of England aren’t always as accurate as the weather forecast and then there is the prospect that we get a deal, everything is forgotten and there is a boom in house prices.  

So the dilemma for divorcing couples where property biggest is their biggest asset is whether to go ahead with the process of divorce and risk selling and dividing up a property at a potential loss, or speed up the process in the hope that advantage can be taken of more favourable market conditions. 

Depending on the view of the person thinking of filing for divorce, the strategy may be to wait until all the fuss is over before proceeding.

Will I Have the Right To Remain In The UK Following Divorce?

The right to remain in the UK if you are a foreign national is becoming an increasingly hot topic even for EU citizens with Brexit looming on the horizon. So, what happens to your right to remain if your relationship with a British citizen ends in divorce?    

While divorce itself is far from an easy process, foreign nationals will have the additional process of trying to remain in the country following the split. This can often bring home the disappointing reality that the right to remain in the UK depended on the person who is now an ex-partner.  

Fortunately for EU citizens there may be a right to remain if they have been married and have lived in the UK for five or more years. For those outside the EU the process is not going to be quite so straightforward.  

Whatever the circumstances, you should seek legal advice and make the home office aware if you are at all unsure of your status post-divorce. This may help your case if you want to remain in the UK or apply for one of the various visas that can buy you time while you consider your options.  

Student visas, work visas and family visas are just some of the possible ways to remain in the UK with varying timeframes applying to each.

3 Things to Consider in Secret Before Getting A Divorce

We have all seen how divorce plays out on TV and in the movies but when you are facing the prospect yourself the process becomes all to real. In an age when things tend to happen fast it is worth considering how you can best prepare yourself.  

What will life be like after divorce?  

If you are considering divorce then you have probably come to the point of no return. However, it may be worth visualising what life will be like when you no longer have a husband or wife. Are you ready to move on with life after divorce and are any preparations in place for example?  

Consider finances  

If you have been dependent on a spouse financially then divorce can mean a significant drop in living standards. The final divorce settlement may help particularly if there are children involved, but if you are anxious about how you will cope, then it is better to start considering the financial implications of the divorce beforehand.  

Consider keeping a diary or notes  

It’s easy to forget important information during the course of a divorce. Making notes of what is happening beforehand can help towards preparation when it comes to settlements and other arrangements following divorce.

How Divorce Can Impact on Your Business

As any entrepreneur knows, it can take years of hard work to build business just as it takes work to keep a marriage on track. Unfortunately, there are plenty of examples of business owners seeing their marriage and business derailed during and after a divorce if they fail to plan in advance and take legal advice.  

42% of marriages are said to end in divorce and a good proportion of those cases are likely to involve business owners. Working long hours and being away from home for long periods can all lead to problems with marriage but its what might happen in a potential divorce which should be of equal concern.  

A business like anything else owned by either partner in a divorce may be considered a valuable part of a divorce settlement if either partner is the sole owner. There may even be occasions where an ex husband or wife could walk away with half the business.  

To prevent this happening, it is worth taking legal advice at the earliest opportunity. A business even if a former partner put no work into it can’t always be treated as a separate legal entity.  A solicitor can advise you on the steps to take to protect your business and its assets during the divorce.

Divorce Rates Fall to New Low

According to figures released by the ONS, heterosexual divorce rates in the UK have fallen to their lowest point since 1973.  

The last time divorce rates were as low as they are now, Britain was about to join the EEC which was later renamed the EU and Elvis Presley was still performing. Fast forward to 2018 and divorce rates are once again down significantly with 8.4 divorces per 1,000 heterosexual couples. This marked a 5.6% decrease on the previous year.  

In total there were 101,669 divorces of heterosexual couples in 2017, which was 4.9% less than the year before. So does this mean people are suddenly more likely to stick together or is this just a statistical anomaly? According to the ONS the reason there are less divorces is simply down to there being less marriages.  

People are increasingly more likely to cohabit that get married. Compare this to 1973 when cohabiting would still have been largely frowned upon and these latest figures can be put into perspective.  

It is too early to tell if there is a more positive trend towards heterosexual couples staying together rather than opting to divorce if marriages become strained. In fact, among older people, divorce rates have actually gone up.

Divorce – Can You Take the Money and Run?

Being married often means sharing everything you have with your spouse but when a relationship breaks down thoughts can turn to making a grab for assets and cash. If you have  a joint account then it can be tempting to access it and withdraw half or even all of the money in an account before you are forced to share half in a settlement. This can pose a problem, however, if it is seen by the court as over stepping the mark.  

On advantage of making withdrawing your half of what’s in the account before a divorce takes place is you then have the money in your possession whatever happens. This avoids any risk of not being able to get your hands on money if the account is frozen by your partner.  

Of course doing this will send a clear signal to your ex partner that you don’t trust them and it will almost certainly result in them not trusting you either.  

It is far better to come to some kind of agreement on joint finances to avoid bitter disputes further down the line. For example one partner may feel that they contributed more than half to the account and will feel aggrieved if half of the money is then taken without their consent.  

In extreme cases during a hostile divorce, accounts can be frozen preventing anyone from accessing the account or one partner may withdraw all of the money and spend it. In the latter case, it is almost inevitable that half of the money will have to be returned.

The Rising Cost of Divorce

Taking the decision to go ahead with a divorce is not to be taken lightly with fees rising rapidly in recent years. Taking this into account, it pays to ensure you are using the right solicitors firm to represent you and that they provide value for money.  

According to a survey released by the insurance company Aviva, the average cost of a divorce increased from £1,280 to £2,679 since 2014. This doubling of the fees inevitably places an enormous burden on those who lack the funds to pay fees.  

It must also be considered that the better family law firms will ensure the best outcomes in contested cases, which means selecting the cheapest firms might end up costing more in the long run.  

Divorce cases where children are involved can often be more complex than for couples with no children and in these cases, costs have risen by 62% to an average £5,671.  

In order to pay these sorts of fees people are generally forced to either borrow money or turn to friends and family for help.  

If you are concerned about any aspects of divorce including the fees involved we would be happy to advise on how are services are competitive and aimed at achieving the best outcomes for our clients.  

What Happens To Joint Mortgages During And After Divorce

It is very common for married couples to take on a joint mortgage on their home but if a marriage ends in divorce it isn’t easy to make a clean break when the lender still expects payments to be kept up as before.  

Attempting to negotiate a way out of a joint mortgage will of course depend on individual circumstances. Also, if there are children involved, things can get even more complicated particularly if the couple relied on each other’s incomes to be able to afford a mortgage in the first place.  

Then there are cases where the partner who has custody of the children cannot afford repayments on their own when they either work part time or they care for the children full time.  In these cases the hope is that a former spouse will continue to make the mortgage payments even if they no longer live in the property.  

This however is asking a lot when that person will wish to move on with life after the marriage has ended.  

If you are the person left in a property unable to make the mortgage payments if your former partner refuses to pay their half, then you can contact your local Citizens Advice about potential benefits you may be able to receive.   

If you do have sufficient funds to cover the mortgage then you may be able to have the mortgage transferred to you as part of a clean break divorce by consent.  

Getting A Divorce If You Have Children

One of the biggest concerns for parents contemplating a divorce is what will happen will happen to their children. From who gets custody to maintenance payments, the whole process of coming to an agreement can be difficult for both parties.  

If you are in this position then one thing you will be relieved to hear is that children are not included in the divorce case itself. Matter concerning the children are treated separately nowadays and cases are often quite straightforward. 

In some cases divorced parents can resolve what happens with the children themselves without having to go through lengthy court battles of the kind you might have seen on tv or in the movies. Arrangements for the children are now made via family courts under what is called a child arrangements order while housing and maintenance payments are dealt with again separately as part of financial relief proceedings.  

Even before any of these cases are brought before the courts there will be a mediation process to try to resolve any outstanding issues before going to court.  Family based arrangements can be made between ex partners to sort out child maintenance without the involvement of third parties which is often far less stressful than having to involve others.