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Divorces delayed by disputes over finances - here's how to speed up the process
- In 2024, family courts in the UK saw the highest level of challenges to financial settlements in divorce cases in 16 years, with over ten thousand such disputes recorded.
- This rise followed factors including rising living costs, economic uncertainty, and the 2022 enactment of No-Fault divorce legislation.
- High-Net-Worth individuals leaving the UK and complex asset portfolios, including businesses and international properties, have increased financial disputes in divorces.
- Senior associate Kaja Viknes noted that as divorce proceedings now frequently extend beyond two years, there has been a rise in individuals disputing previously settled final orders.
- Viknes anticipates that disputes over financial settlements will remain frequent, suggesting that ongoing disagreements may extend the duration of divorce cases.
16 Articles
16 Articles
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All About Property Division In A Galveston Divorce
Divorce is difficult. Property division can add to the stress. You need clear, direct information to navigate this process. In Galveston, the laws focus... The post What You Need To Know About Property Division In A Galveston Divorce appeared first on People Development Magazine.
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