Finances | Mayo Wynne Baxter

Panama Papers show avoidance of paying exes as well as taxes

Concept photo for hidden money showing a businessman pulling back his shirt exposing twenty dollar bills

The files that have been leaked from the global law firm Mossack Fonseca have revealed the money laundering practices of the rich and famous around the world. The tales to hit the headlines have been in relation to how offshore companies have been used to avoid paying taxes, however what has also come to light… Read the rest of this post (No Comments)

Planning a Valentines proposal, think about a Pre Nup

Two wedding rings, like links in the chain are interconnected

Are you planning to go down on one knee to make the ultimate romantic gesture this valentine’s day? You may have thought about the chocolates, flowers and the ring but have you thought about a Pre Nup? Whilst they may not be the most romantic thing to spring to mind Pre Nups are becoming increasingly… Read the rest of this post (No Comments)

What lies ahead for family law in 2016?

2016 date image

Here is a summary of some of the key developments in family law to watch out for during 2016: Possible reforms to marriage laws In 2015 the Law Commission published a paper on potential reforms to marriage laws. The paper sets out questions that would need to be considered by the government if marriage reform… Read the rest of this post (No Comments)

No Fault Divorce

Divorce arrow with beach background

There is only one ground for divorce in England and Wales, that the marriage has irretrievably broken down, and that has to be proved on either the basis of: adultery, unreasonable behaviour, desertion, the spouses having lived apart for more than two years (if both spouses agree to divorce) or the spouses having lived apart… Read the rest of this post (No Comments)

Financial disclosure in divorce

£50 notes

Gemma Hope and Laura Sherlock were very fortunate to hear the impressive James Turner QC reflect on the judgment on the matters of Sharland and Gohil, having represented Mr Gohil he has raised some interesting points in the aftermath of the judgment published on 14 October 2015. What we had both anticipated, that the headlines… Read the rest of this post (No Comments)

Dishonesty in divorce will not be tolerated

Money sack

The Supreme Court has unanimously allowed the appeals of Alison Sharland and Varsha Gohil. Dishonesty in any legal proceedings should not be accepted, the outcome of these appeals confirms that the Family Court is not an exception to the general rule and that it is no more acceptable to lie in the Family Court than… Read the rest of this post (No Comments)

Single mum’s survival guide

Single Mums survival guide

Are you a single mum worried about your finances, your legal position or your emotional wellbeing after separating from your partner? Then come along to a free seminar being held on 11 September 2014 at Mayo Wynne Baxter, Century House, 15-19 Dyke Road, Brighton, BN1 3FE from either 10am – 12pm or 7pm – 9pm…. Read the rest of this post (No Comments)

Contempt of Court – Now a stark reality!

US Supreme Court

One of the most common questions asked by people when they are considering applying for a court order in respect of children or finances is whether there are sufficient penalties available for a person who continuously breaches a court order. The very fact that people require a court order is usually due to being at… Read the rest of this post (No Comments)

Concerns over Bitcoin as a weapon of deceit in divorce

Bitcoins

Bitcoin’s relative anonymity means some spouses within divorce proceedings are choosing to use it as a medium of investment to try and avoid full disclosure of their assets. Within England and Wales spouses are under a duty to provide full financial disclosure when determining how matrimonial assets should be decided, however some spouses will go… Read the rest of this post (No Comments)

Some relief for working parents

Baby

Working parents in Britain face some of the highest child care costs in the developed world causing significant financial strain on families. The government has announced as part of the Budget that working parents will be given up to £2,000 per child to ease the cost of child care. This annual payment for child care… Read the rest of this post (No Comments)