There have been steps taken recently to explore the ways in which matrimonial finances and divorce are dealt with.
Solicitors in North Wales may have noted that there have been several different ways in which a new approach has been taken and how these could influence these sorts of cases in the future.
There have been, for example, some explorations of the Matrimonial Causes Act 1973. As a result, several amendments have been suggested to this law that could streamline and update approaches to how finances are dealt with when couples start the divorce process. The final report contains suggestions on how domestic abuse should impact financial settlements and on the use of prenuptial agreements.
The way financial disputes during a divorce are dealt with have also been influenced by several recent court cases. One of the most famous was Standish V Standish, when the definition of non-matrimonial assets was established. There were lesser known but equally important cases including HO v TL, which dealt with business assets and how these are factored into divorce settlements, as well as the AH V BH case, in which pre-nuptial agreements were put under the microscope.
Due to these changes, solicitors have highlighted the importance of using legal experts in divorce cases along with the growing importance of mediation in complex and disputed cases. The emphasis on greater transparency in these sorts of cases will also become more important.
At Bennett Smith Solicitors, we can help and guide you through the divorce process, so contact us now to book an appointment.
