The Taxation of Trusts: A Review HM Revenue & Customs launches a new consultation Following the Office of Tax Simplification’s recent review of inheritance tax (see article here), HM Revenue & Customs (‘HMRC’) has launched a consultation in line with the government’s commitment at Autumn Budget 2017 to make the taxation of trusts simpler, fairer…
If a marriage or civil partnership breaks down, it can be ended legally. Frequently this brings with it issues of finance, and also in relation to children, which must be resolved. The Court can become involved in this, if this is necessary.
Judicial Separation is available if your relationship has ended, but divorce is not appropriate. The process is identical (except that the legal relationship is not actually brought to an end) as are almost all the Court’s financial powers.
A separation agreement has no initial Court involvement at all. It is simply a contract, by which the parties agree issues that are of relevance to their particular situation. They might need one to govern a period of separation leading up to a divorce, which might set out who is to live where, and who is to pay for what. It might apply where the parties were never married or in a civil partnership at all.
If you are not married, you do not need the law to end your relationship, but its breakdown can bring with it identical legal issues to resolve.
We are skilled in handling all such situations.