
Family Law
However hard we try not to, lawyers use technical words and phrases without always explaining what they mean. You may also hear these words used by other people who have been through a divorce or separation. Our Divorce Jargon Buster will help you understand some of the common terms used.
As a useful cross-reference see our Divorce page for more information.
As a useful cross-reference see our Divorce Procedure page for more information.
Providing both parties disclose their financial situation to each other honestly, plans can be made to divide what remains. The plan must take into account what a judge would be likely to do if the matter came before the Court. All of this can be dealt with voluntarily and without a formal application to the Court, apart from at the end to allow the Court to approve an agreement.
For more information see our pages on:- Financial Issues and Financial Issues Relating to Children
Unlike a Cohabitation Agreement, a pre-nuptial agreement will not necessarily bind the Court, but it can be a significant factor in the decision as to how to divide the assets. Creating one is a step that should particularly be considered if one or both parties already have significant assets - an interest in a family business, equity in a property, valuable accrued pension rights or substantial savings. Sensible precautionary steps will then be in place to protect the financial position should the marriage end.
The important thing to remember about pre-nuptial agreements is that they are far more likely to be upheld by the Court if they are a genuine attempt to agree in advance of the marriage, how the Court would divide the assets on divorce, rather than being an attempt to impose one party’s view as to what the Court ought to do. This means that they must be preceded by full disclosure of both parties’ financial positions and entered into with the benefit of separate legal advice.
For more information see our pages on Pre-nuptial Agreements.
For more information see : Procedure in cases about children.
Discussions in the presence of a neutral third party (the Mediator) relating to proposals for children or financial issues. Any agreement reached is not binding until the parties have had the benefit of legal advice.
For more information see our section on Family Mediation.
If two people decide to live together or cohabit, rather than marry, a judge does not have the same powers to divide income, capital, property and pension. Either one of the couple in the relationship can claim a right to an asset that is owned by the other, such as a house. Or claim an interest in an asset because of previous contributions made. Property and other assets may also have been bought in joint names during the relationship. It is important there is full disclosure about assets and any contributions by the couple on an individual basis. Plans can then be made about how to divide the assets. If the process breaks down , either party may apply to the Court arguing an interest and asking that the judge to make an Order in relation to the value of their interest and what each party should receive.
For further information or advice about divorce contact James Muir-Little.
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