The procedure for divorce and dissolution are mostly the same. So, for the sake of simplicity, we will use the word ‘divorce’ for both. To apply for a divorce, you must be married or be in a civil partnership for at least one year. If you were married in another country, you can apply for …
How do I apply for a divorce or a dissolution of a civil partnership? Read More »
If you want to resolve a financial dispute with your former spouse or civil partner, you need to make an application to the Court. The party making the application is called ‘Applicant’ and the other party is called ‘Respondent’. Before each hearing, the applicant is responsible for preparing all the documents needed for the case. …
How does the Court handle Financial Disputes in a Divorce or Dissolution? Read More »
Spousal maintenance is the payment made to the former spouse after getting a divorce. There are two types of maintenance orders. Term order – Payments made for a set number of years Joint lives order – Payments made until one of the parties dies When does Spousal Maintenance become necessary? It becomes necessary in the …
When you jointly own a property with someone, you cannot sell or mortgage it without the consent of the other party. There are two types of joint property ownership. Joint Tenants Tenants in Common Let’s briefly discuss each type. Joint Tenants If you own a property with someone as ‘Joint Tenants’, the property automatically goes …
Joint Tenants and Tenants in Common – What’s the difference? Read More »
“Lifetime Gifts” are assets, property or money you give to someone during your lifetime. It is very popular in the UK. Some give away assets in order to reduce or avoid inheritance tax on their estate. Parents may give lifetime gifts to their children in order to help them financially or to help them climb …
Lifetime Gifts or Transfers – Are they always exempt from Inheritance Tax? Read More »