{"id":1048,"date":"2013-02-15T14:00:28","date_gmt":"2013-02-15T07:00:28","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/divorce-what-happens-to-the-family-home\/"},"modified":"2016-01-09T11:55:33","modified_gmt":"2016-01-09T04:55:33","slug":"divorce-what-happens-to-the-family-home","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/divorce-what-happens-to-the-family-home\/","title":{"rendered":"Divorce: what happens to the family home?"},"content":{"rendered":"


\nWhen married couples decide to split up, there are options over how they can divide what is typically their main asset”The family home has a special place in any family and in many cases it is the major family asset,” says solicitor advocate Ursula Rice. So it’s little wonder that when a family breaks down, property will be central to a divorce settlement. What happens to an existing home and where one or both partners go next will depend on the divorcing couple.All assets will need to be identified and valued as part of the process of working out what there is to divide up. The home and any other properties will be included in this \u2013 regardless of whose name the property is in. “There is no formula in this country setting out how assets are to be split on divorce,” says Nigel Shepherd, a partner and family and collaborative lawyer for law firm Mills & Reeve. “There’s a broad starting point of 50:50 but we look at a series of different factors to try to get to an outcome that meets the needs of the couple and, in particular, any children and is broadly fair (although one person’s fair is often the other’s unfair).” Continue reading…
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\nSource : theguardian.com
\nRead more…Divorce: what happens to the family home?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

When married couples decide to split up, there are options over how they can divide...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-1048","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-gU","jetpack-related-posts":[{"id":117728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/divorce-what-happens-when-our-home-is-owned-by-a-trust\/","url_meta":{"origin":1048,"position":0},"title":"Divorce: what happens when our home is owned by a trust?","date":"July 10, 2020","format":false,"excerpt":"\r Understanding assets held in trust during a divorce \u2014 and should you withhold a percentage of cash from a builder until the job is completed to your liking?\r \r Source : ft.com\r Read more...Divorce: what happens when our home is owned by a trust?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/divorce-judge-awards-businesswoman-who-gave-up-career-90-of-family-assets\/","url_meta":{"origin":1048,"position":1},"title":"Divorce judge awards businesswoman who gave up career 90% of family assets","date":"March 15, 2016","format":false,"excerpt":"\r Judge said becoming a stay at home mum had left Jane Morris with a \u2018low earning capacity\u2019 and \u2018rusty skills\u2019A businesswoman who left behind her career in order to become a \u201cstay at home mum\u201d while her husband continued with his high-flying career has been awarded virtually all of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/when-it-comes-to-divorce-not-all-assets-are-equal\/","url_meta":{"origin":1048,"position":2},"title":"When it comes to divorce, not all assets are equal","date":"September 22, 2017","format":false,"excerpt":"\r Going through a divorce? Try not to make these big money mistakes.\r \r Source : cnbc.com\r Read more...When it comes to divorce, not all assets are equal","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/money-and-children-after-a-divorce\/","url_meta":{"origin":1048,"position":3},"title":"Money and children after a divorce","date":"February 15, 2013","format":false,"excerpt":"\r Child maintenance complications can increase the pain of divorce, so be prepared by knowing what the law requiresDivorce is never pleasant or simple, but it is a lot more painful and complicated if children are involved. First, there is the emotional pain. Then there is the small matter of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/op-ed-unpacking-the-hidden-costs-of-divorce-and-how-to-prepare-for-them\/","url_meta":{"origin":1048,"position":4},"title":"Op-ed: Unpacking the hidden costs of divorce \u2013 and how to prepare for them","date":"February 27, 2023","format":false,"excerpt":"\r Couples considering divorce may not be prepared for the costs. Here's a look at the potential expenses you should keep in mind before and during your split.\r \r Source : cnbc.com\r Read more...Op-ed: Unpacking the hidden costs of divorce \u2013 and how to prepare for them","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shocked-australian-woman-finds-out-she-owns-15-properties-during-divorce\/","url_meta":{"origin":1048,"position":5},"title":"Shocked Australian woman finds out she owns 15 properties during divorce","date":"June 6, 2018","format":false,"excerpt":"\r When 63-year-old Joanne* decided to leave her marriage, she visited a lawyer so she could understand what percentage of the couple's assets would belong to her, post-divorce.The marriage had been good in the early years, as both...\r \r Source : nzherald.co.nz\/Property\r Read more...Shocked Australian woman finds out she owns\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1048"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=1048"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1048\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}