Transferring assets after divorce: What are the capital gains tax rules and how are they changing?

Lisa Pepper:  For couples who have already separated, I am 100 per cent advising them – if they can – to hit pause on transferring assets for the next few months Divorcing couples prepared to delay transferring assets between them until next April could make significant tax savings, according to a legal expert. They will …

New ‘no-fault’ divorce laws may stimulate rise in amicable splits among the wealthy

It’s rare for divorce to get more vicious, or indeed deadly, than in the 1980s Hollywood film, War of the Roses — where Michael Douglas and Kathleen Turner play a wealthy husband and wife living in Washington, DC in America. After 17 years of marriage, the couple can’t stand the sight of each other and …

Spike in ‘no-fault’ divorce applications

Newly published statistics for April 2021 to April 2022, show more than 12,000 new divorce applications were filed as ‘no-fault’ divorce came into effect. The Divorce, Dissolution and Separation Act 2020 means divorcing couples are no longer required to assign blame for the breakdown of their marriage. There were 12,978 new divorce applications in April …

What are the costs associated with divorce and separation

Divorces and separations can be emotional processes to go through, paying the cost of a family lawyer means you can take emotion away and allow a professional to do their job. Picture from Shutterstock. Seeking a separation or divorce can be a painful process and one that has plenty of costs associated with it. Whether …

The Metaverse: Litigation Challenges – Lexology

The metaverse has been described as the future of the internet. Although its development remains at an early stage, established and emerging companies are spending millions developing metaverse technologies. While a virtual-reality parallel universe is likely several years away, as we have seen with the conventional internet, entirely new areas of law have developed to …

Parental Responsibility, the Modern Family and Access to Justice

Home > Articles Syvil Lloyd Morris, Solicitor Advocate and co-founder of Bastian Lloyd Morris LLP, explores the concept of parental responsibility and LAA funding issues in the context of a changing society. Syvil Lloyd Morris, Solicitor Advocate and co-founder of Bastian Lloyd Morris LLP The family is an important institution in all societies. In …

Divorce Post-Covid

COVID-19 prompted a dramatic shift in the way we live our lives, from hybrid home-office working and renewed importance on local communities, to increasing unemployment and growing mistrust in governments. In the aftermath of these big social changes, there is a new transformation on the horizon. If you are considering divorce, then reading up on …