Of all the emotions a person can feel while going through a divorce–fear, sadness, guilt, self-pity, anger, and resentment, one really hard one might be frustration. Frustration during divorce is very hard to cope with. Why? Because frustration during divorce stems from situations in which you have no control. Frustration happens when you feel like …
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What divorced women don’t say out loud but deeply feel about marriage
Marriage is one of the most celebrated milestones in life. The white dress, the vows, the excitement of building a future together—it’s often portrayed as the ultimate happily-ever-after. Yet, for many women who have walked the long and difficult road of divorce, marriage holds a different, more complex meaning. Divorced women rarely voice the truths …
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Court ruling raises need to consider divorce in IHT planning
A recent Supreme Court judgment on the division of assets in a “big money” divorce has been hailed by the legal and accountancy professions as a landmark ruling. While it was atypical because of the sums involved, it was important because it concerned the movement of assets between spouses for tax purposes and how those …
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No-fault divorce: three years in practice
There was a high level of anticipation for the introduction of ‘no fault’ divorce in April 2022. Coined as ‘ending the blame game’, it was considered by many as not only an obvious and necessary reform, but also substantially overdue given the ‘no fault’ divorce landscape of other jurisdictions. For many practicing in this area, …
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Jurisdiction plays a key role when getting a divorce: considering the financial advantages of a divorce in the UK or abroad
On 2 July, the Office for National Statistics (ONS) released information about the number of divorces in England and Wales. In 2023 (the most recent year for which statistics are available), there were 102,678 divorces (and dissolutions of Civil Partnerships); of those, the Ministry of Justice tell us that 40,873 financial arrangements were litigated to …
‘Weaponized Incompetence’ Is Driving Married Women Towards Divorce
Mila had been dating her boyfriend for a year when she got pregnant. They had been keen to have a child together, but shifting into “nesting mode” gave Mila fresh eyes. Her boyfriend would constantly dodge basic tasks like grocery shopping, she said, telling her he didn’t know “how to do it,” even if she …
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How To Stay On The Right Financial Track During Divorce
If you are in this situation and are concerned about future finances, Jones Myers Partner Nicki Mitchell – a Mediator, Child Inclusive Mediator and Collaborative Family Lawyer – shares insights on the pitfalls to avoid. Be Open and Honest Not sharing financial information during a relationship can contribute to problems during divorce proceedings. One spouse …
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How advisors overcome the private equity problem during divorce proceedings
Every so often, like it or not, financial advisors are pulled into a client’s divorce proceedings. And every so often private equity assets need to be divided during those negotiations. And every so often it gets tricky, even for separating couples with clear prenuptial agreements. Private equity assets can be particularly challenging to divide in …
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