The Law Commission has just issued their report recommending an overhaul of the law that governs getting married. Who are the Law Commission? The Law Commission is an independent statutory body created by the Law Commissions Act 1965 to keep the law of England and Wales under review …
Changes to Tax when divorcing
“The best things in life are free, but sooner or later the government will find a way to tax them.” Ah, tax and the Inland Revenue. Complicated regulations that catch you when you are alive, dead and divorcing. There is some good news on the horizon as from next year, however. Next year? Listen, …
What happens with family loans and gifts in a divorce?
Nearly half of first-time home buyers in the UK now need extra funding from parents. Knowing how to protect and/or recover loans or contributions is really important if couples subsequently separate and divorce, because the starting point of any divorce will be a fifty-fifty split of …