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    No-fault divorce – financial settlement explained

    In April of 2022, the lengthy neither marriage became law, resulting in dramatic changes to the divorce laws. This was discussed in a recent blog post, so please go there for further information. UK Family Mediation Services Plymouth explain. As part of the divorce procedure, decisions must be taken on the division of assets and liabilities. In addition to maintenance payments for children or living costs, spouses must consider the following:   Debts, credit cards, and loans   Investing and savings   Any pensions or life insurance in place for the foreseeable future   Real estate and contents   Businesses   Vehicles It is referred to as a “financial settlement.”…

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