Search results for: divorce
Selling A Business During Divorce: What Business Owners Need To Know
During a divorce proceeding, it’s crucial to be cautious about your actions as any attempt to conceal assets from your spouse may have severe repercussions. The ability to sell a business depends on the ownership structure. Directors of limited companies can sell their company if their spouse is not involved, but sole traders cannot sell…
Read MoreNavigating Farm Divorce Settlement
Divorce can be a complicated process, especially when businesses are involved. Negotiating a farm divorce settlement is even more complex due to the unique circumstances of rural setups. Farms are often owned by the wider family, making it difficult for courts to affect the livelihoods of third parties. Additionally, farms may have a special emotional…
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Matrimonial VS Non Matrimonial Assets – What You Need To Know During a Divorce
During a divorce or partnership dissolution, dividing assets becomes complicated, especially when businesses are involved. However, some practical steps can be taken to protect assets. Identifying matrimonial and non-matrimonial assets is essential. When considering divorce and business assets, accurately valuing the business is necessary. The courts often allow the business to remain with the founder,…
Read MoreThank You (Farming Divorce PDF)
Thank you For Downloading Our Guide to Farming Divorce Download as a PDF Related Services Family Law Services Navigating through sensitive family law cases requires care, attention, and thoroughness. That’s exactly what we offer. Agricultural & Rural We offer hands-on, pragmatic, and commercially-focused advice to ensure your needs are met every step of the way.…
Read MoreWhy is Financial Disclosure Required in Divorce Cases?
If you are divorcing your spouse or dissolving the civil partnership with your civil partner, you will be required to reach an agreement about how to divide your assets. The financial settlement that you agree to is recorded in a legal document called a consent order, which is legally binding when approved by a judge…
Read MoreDividing Business Assets in Divorce Proceedings
When a marriage or civil partnership ends, the division of business assets can be complicated. Various factors such as, the type of business, contributions of each spouse, length of marriage, and financial situation are taken into account. There isn’t a single approach that can be applied so seeking legal guidance is important to achieve a…
Read MoreFour Questions Clients Frequently Ask About Pensions In Divorce
Why Do Pensions Matter? On average, women tend to receive lower pensions than men. This is largely driven by employment and economic factors, such as shorter careers due to career gaps for childbirth, more women working part-time to cover caring responsibilities, and lower average salaries for full-time women workers. Consequently, women going through a divorce…
Read MoreThe importance of a Financial Remedy Order Upon Divorce
A common misconception in Family Law is that once the Final Order of the divorce (previously known as the Decree Absolute) is granted, matters have concluded, and the ex-spouses can walk away with financial independence from one another. Upon marriage, certain rights and responsibilities are acquired which remain in place until the marriage is ended…
Read More4 Effective Strategies to Reduce Expenses with Your Divorce Lawyer
It is a fact of life that relationships can sometimes fail. Many people will need the support of a lawyer to help them navigate the divorce and financial settlement, and it is key to ensure that you get the best value for your money from your legal advisor during that process. Nadia Davis, Director, and…
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