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Biggest EU Digital Shake-Up Since GDPR? What Businesses Need To Know
Christopher Perrin
In a report published by The Telegraph this week, the High Court has awarded a wife, after 25 years of marriage, only £4.3million pounds in a divorce where the total wealth was between £21million and £24million. The reason given for this unequal sharing of wealth was that much of the Husband’s wealth had been inherited from his family and so the court felt it should remain with him.
This has been a busy week for commentators on Family Law issues. Yesterday, Sir Paul Coleridge, a senior Family Court Judge, remarked that obtaining a divorce is now easier than getting a driving licence. Was this an exaggeration or is it really true?
Celebrations are continuing in New York where, later this month (24 July 2011) it will be possible for same sex couples to marry in the state of New York for the first time following the state Marriage Equality Act coming into force.
Contrary to common belief, there is no such thing as a common law husband or wife in England, and the remedies available to separating cohabitants are far more limited (and complicated) than those of divorcing couples. Unmarried couples have to rely on a mixture of property and trust law when trying to prove an interest in a family home which is not registered in their name.
The story that Patricia Kluge, who was once known as “the wealthiest divorcee in history”, has declared herself bankrupt has underlined the importance of receiving joined up legal and financial advice not only upon divorce but also on an ongoing basis.
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