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15 February 2012
Issue: 7501 / Categories: Legal News
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Divorce & dissolution

Law surrounding financial provision following relationship breakdown to be reviewed

The Law Commission is to review the law on financial provision where a marriage or civil partnership breaks down.

It will look at two areas of law that cause particular difficulties. These are: the extent to which one party should be required to meet the other’s needs after the relationship ends; and the way in which non-matrimonial property should be treated on divorce or dissolution. Non-matrimonial property includes property that has been inherited, received as a gift or acquired before the marriage or civil partnership.

The Commission’s ongoing project on marital property agreements will be extended to cover these two areas, and it will publish a supplementary consultation paper later this year. A final report is due next year.

Professor Elizabeth Cooke, the Law Commissioner in charge of family law, says: “The current law creates too much potential for uncertainty and for inconsistent outcomes. This work will complement our current project on marital property agreements, in which we are considering whether a couple should be able to make a legally binding agreement before or during their marriage or civil partnership about the financial arrangements they will make if the relationship fails.”

Issue: 7501 / Categories: Legal News
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MOVERS & SHAKERS

Jurit LLP—Caroline Williams

Jurit LLP—Caroline Williams

Private wealth and tax team welcomes cross-border specialist as consultant

Freeths—Michelle Kirkland Elias

Freeths—Michelle Kirkland Elias

International hospitality and leisure specialist joins corporate team as partner

Flint Bishop—Deborah Niven

Flint Bishop—Deborah Niven

Firm appoints head of intellectual property to drive northern growth

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