Once an agreement is reached this should be put into a formal document to ensure that the terms of the agreement are clear, fully understood by both of you, and will protect each of you from possible further claims in the future.
It will have been hard to miss the press coverage of the divorce case between Mr. and Mrs. Owens which went all the way to the Supreme Court. There is much talk of reforming the law so that a divorce can be obtained without making allegations of blame. Unless and until the law is reformed we need to consider what effect this has on the way divorce applications are made.
We find that many couples overlook pensions when they’re getting divorced despite being one of or even the main asset available on divorce. To do so is a huge risk and you are gambling with your financial future.
Harrogate Family Law has been praised for its approach and expertise in the latest edition of Legal 500, published today.
The pension reforms which came in in April 2016 enabling pensioners to cash in their pensions can have a significant impact on couples who opt to divorce later in life.