Tag: divorce assets

The Divorce, Dissolution and Separation Bill (often referred to as the ‘no-fault’ divorce bill) recently passed its third reading in the House of Commons.  It will shortly return to the House of Lords where it will receive Royal Assent, however, it is unlikely to become law until Autumn 2021. No-fault divorce represents the biggest shake up of the divorce laws

Pensions are often an overlooked asset in divorces. This is despite pension assets often being worth more than the family home. Due to the employment patterns in the UK, pension is an asset most likely to be lost to one party (often the wife) upon divorce due to inaction. Essentially, a couple can: Balance the pension rights against another asset