The value of a family business or business interest is treated as an asset and therefore part of the matrimonial pot to be distributed when it comes to negotiating a financial settlement on divorce or...
When meeting with clients to discuss their succession planning, many cannot recall whether their property is held jointly as joint tenants or jointly as tenants in common. The distinction is that with...
'In the week commencing 20 July, the work of the
Central Family Court was transferred to the divorce centre at Bury St Edmunds.
HMCTS reports that it is issuing petitions within seven days of receipt. It says
that the processing speed will increase throughout August and work will
be processed within a maximum of five days by the end of the
As at 27 July, Bury
St Edmunds had issued broadly 2,200 petitions that month. However, it returned
between 20-25% due to errors in the applications . At the moment the weekly
workload (excluding returns) is just over 600 petitions per week. Once all
courts in London and the South East have moved their work to Bury St
Edmunds, what HMCTS calls “ steady state”, the Divorce Centre is expected to
receive just over 800 petitions per week.'
Tony’s piece on
divorce centres features in August’s