Estate planning is often seen as a straightforward task — write a Will, choose an executor, and distribute your assets as you wish. But in practice, poor planning, unclear intentions, or outdated documents can quickly lead to confusion, disputes, and costly litigation. From complex family dynamics to missteps in structuring assets like trusts and superannuation, …
Continue reading “Common estate planning mistakes that lead to litigation – and how to avoid them”
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When K went back to work after four years away from the office, she was excited — like she “had a piece of herself back”. But her husband? He never “really got” the importance she put on her career. “Suddenly the …
Continue reading “Can women’s career success be a recipe for divorce?”
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I’m now a 33-year-old woman living in the suburbs. Setting up a birdhouse outside my home office window is a rite of passage. Every time I see movement above my laptop, I glance up to find one of two things: either a bird or a squirrel. If it’s the former, I say, “Look how red …
Daughters are not easy. Any parent of a daughter will probably tell you that boys are far less difficult to raise. Because of this cultural opinion, whether or not it’s entirely true, daughters have also long been one of the contributing factors of divorce, at least according to research done in the U.S. Although those …
It comes as no surprise that divorce is harmful for children. Most would likely highlight the emotional strain imposed on children from the loss of normal relations between parents, but harmful effects can be economic. Dividing the family into two households means lower incomes and financially costly negotiations, which could impact children over the long …
Continue reading “The Economics of Divorce: A New Paper Examines the Harm to Children”
The rise of group litigation in the UK could cost the economy almost £18bn, a free market thinktank based in Brussels has estimated. The European Centre for International Political Economy (ECIPE) said that, between 2008 and 2023, the UK recorded 156 group or “mass” litigation cases, “far surpassing” any other country in Europe. It …
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A few months after my divorce, my mother asked me who my car insurer was. I just looked at her blankly. I didn’t have car insurance, I hadn’t got an MOT on my car – I later realised I didn’t have home insurance either. None of it had crossed my mind. I was extraordinarily lucky …
Starting a new relationship while co-parenting can feel like stepping into uncharted waters—especially when the waves of the past haven’t fully settled. Add to that the unpredictable tides of a new partner’s expectations, your child’s emotional needs, and your co-parent’s reactions, and the journey can quickly become choppy. But here’s the key. The idea of …
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Getting divorced can be an expensive experience, but experts warn that many don’t realize the hidden traps that can rack up the bills. The average cost of a divorce in the US is a staggering $11,300, with lawyers’ fees making up the bulk, according to personal finance site The Motley Fool. However, a marriage split …
Continue reading “The top 5 mistakes people make in a divorce that cost them thousands”
