Insights

When couples decide to divorce, it is a common misconception that once the divorce is finalised, there are no financial ties left between them. However, this is not automatically the case. Divorce legally ends the marriage, but it does not sever financial ties. To achieve financial separation, a separate legal process must be undertaken. Below, we explain the distinction between divorce and financial matters under the current law in England and Wales.

The government has announced it intends to change the law so that the Family Court will no longer presume that it is in a child's best interests to have involvement of both parents in their life.

After much anticipation, the Family Justice Council (FJC) has now formalised their important guidance on the use of covert recordings in family law proceedings. Covert recordings are those made without the knowledge or consent of the person being recorded.

The recent Bank of England interest rate cut to 4% has several implications, including its impact on financial settlements in divorce.

Thinking of hiding or moving money during divorce? Here's why full disclosure isn’t just expected—it's legally required, and failing to do so can lead to serious and costly consequences.

With reference to section 25(2)(g) of the Matrimonial Causes Act 1973, the court has the ability to consider the impact of one party's conduct when determining a financial settlement. That said, conduct is often difficult to effectively argue and the threshold of conduct is high.