Are you aware that your private photographs, exclusive boasts and videos of you snorkelling with your new partner whilst on your luxury holiday in the Caribbean can all come back to bite you if you are going through divorce proceedings.
Mr Charles Keidan and Ms Rebecca Steinfeld are like any other cohabiting couple in the UK, living together, sharing the ups and downs of life, the daily chores and probably the odd argument here and there. One big difference however is that this couple refuse to marry in order to formalise their long term relationship.
Many of our clients come to us entirely unaware that for long marriages (say 15 years or more); there can be no distinction between a breadwinner and a homemaker when dividing up the couple’s assets. The parties are entitled to equal treatment when the Courts divide the assets from the marriage.
Picture this – a Husband and Wife married for 15 years, with two children, aged 16 and 17 are going through a divorce. Their asset pot totals £2.9 million. In the usual course of affairs this would be a decent size matrimonial pot to divide between the parties to meet their respective needs. But this particular case made it to the press for all the wrong reasons.
January is the month where we make New Year's resolutions, making promises to ourselves about how we will improve ourselves from the year or years before, but what resolutions will you be making this year?
Many of us experience the extra pressure Christmas can place on a relationship with the inevitable financial outlay and for some, arguments at Christmas have become the breaking point fo
Are you prepared for the spouse who is just on the take?
Most individuals going through a divorce, will have heard this threat in one way or another from the lesser earning spouse. The truth is, there is every possibility that this can turn in to reality. You could end up working all the hours to support your ex-spouse and kids, only to live a frugal life yourself.