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schedule 1 | Cambridge Family Law Practice

Unfair prenups, creative solutions

By | Children, divorce, financial, Law news, News | No Comments

This week we’ve seen an interesting and complex case in our High Court where a judge has had to find a creative solution to rehousing appropriately two young children and their mother, in the face of factors prohibiting what the court would see as the usual fair division of assets on divorce. The case involves a Swedish couple, worth about £11m. The wealth is largely on the husband’s side: he was formerly a sportsman, the judgment tells us, before an accident in 2003 sadly ended his career. His substantial income now comes from active management of the money made before his…

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Sacrificial altars and schedule 1

By | Children, financial | No Comments

Following on from last week’s slightly technical pensions blog, and the previous week’s technical explanation of the niceties of a Supreme Court judgment, we are once again bringing you a slightly technical blog. This one arises from an interesting case about how to fund litigation concerning children. As concerns about how to finance legal disputes are usually uppermost in the minds of people going through separation, we thought this was one worth flagging up. It is a decision of one of our more high profile and flamboyant judges, Sir Nicholas Mostyn, who has a way with words, and concerns an…

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Sharing the wealth

By | Children, financial | No Comments

Our Twitter feeds are awash with concern about this week’s benefit changes, and their likely effect on children’s future prospects. For many parents who live alone with children, the other parent of their children may be in a no better position than they are, and if nobody has enough to make ends meet then the financial options are obviously limited. However, sometimes the children’s non-resident parent is doing well, while the children and the parent who looks after them are struggling financially. We thought now might be the time to make it clear that if the parent living apart from…

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