Divorce is undoubtedly a stressful time for both parties and there are many different things that need to be considered.
Katie O’Callaghan, senior associate at private client law firm Boodle Hatfield has detailed the five common financial loose ends that divorcing couples need to deal with....
1. Write a new Will
If clients don’t update their Will after divorce to take into account a new partner or children from a new relationship then they may end up facing complex legal disputes. A new spouse could lose a large part of inheritance to the children from the first marriage or the ex-spouse ...