Tracey Miller Blog

The UK Government is launching a new mediation scheme for divorcing parents, which will give couples £500 towards the cost of resolving differences outside of the courtroom.

In the latest development in the high-profile divorce between Kim Kardashian and Kanye West, divorce papers have revealed that the reason for the split is ‘irreconcilable differences’.

According to the latest figures from the Office for National Statistics (ONS), the number of older people getting divorced has risen significantly in the last few years.

Apart from matters involving children, money is one of the biggest causes of disagreements and disputes during divorce. Deciding who should get what, and what constitutes a ‘fair’ arrangement, can cause no end of stress and sleepless nights. This is why it’s always best if you and your partner can sit down and reach an amicable agreement before your case ends up being decided in a courtroom.

Pensions are often forgotten about during divorce. In fact, around 70% of divorce settlements don’t take pensions into account, according to research by the Pensions Policy Institute. This is despite the fact that pensions often represent the second largest asset in most relationships, after property.