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Divorce and your finances
16 May 2012Our Family law expert, Nicola Matthews answers the questions her clients frequently ask about the financial issues arising in divorce proceedings. What sort of settlement can I expect? Firstly list the value of all assets and deduct all debts, including any mortgages. The starting point is that both parties receive half of net assets, but [...]
Will my home have to be sold if we divorce?
29 Jun 2011Nicola Matthews, Partner in the Family Law team at Hay & Kilner Solicitors, provides the answer.The decision to divorce and the possibility of having to move house is one of the most stressful situations we may face in our lifetime. The family home is regarded by the Courts as an asset along with all the [...]
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Multi-millionaire divorce sparks law change
17 May 2011Divorcing couples will no longer be able to use illegally obtained evidence of their former spouse’s assets, following a controversial Court of Appeal decision, which has already been branded a cheat’s charter. The ruling follows a divorce case surrounding the multi-millionaire owner of Del Monte foods and overturns the longstanding practice in the Family Courts, [...]
Landmark decision for prenuptial agreements
22 Feb 2011A landmark decision of the Supreme Court over the validity of a pre-nuptial agreement has seen a German heiress win the battle to keep her £100m fortune, in a move which lawyers say could open the door to such agreements taking their place in English law. It has taken the Supreme Court seven months to [...]