The 6th of April 2023 saw some changes made to the Capital Gains Tax (CGT) rules that apply to divorcing couples and the transfer/sale of assets. CGT is a tax that is payable by an individual when profit is made on the sale, disposal or transfer of an asset, i.e. the asset is sold for more than the price paid at the time the asset was purchased. Tax is payable on the value of the profit and not the total amount received for the asset. Prior to 6th April 2023, divorcing couples … [Read more...]
Am I able to take my child abroad during the school holidays without my ex-partner’s consent?
The only instance where this is possible is if there is a Child Arrangements Order in place which provides that the child is to live with you. In this case, you are able to take the child abroad for a period of up to 28 days without the need to obtain any further consent. If not, you are unable to travel abroad with your child without obtaining consent from each individual who has parental responsibility for the child. What is parental responsibility? Parental responsibility is … [Read more...]
A nesting arrangement- What is it and is it a good idea?
Amelia Fernley, Family Solicitor at Sinclair Law says, "Since the popular BBC drama ‘The Split’ hit our screens, the subject of nesting arrangements for separated families has become a point of discussion." What is a nesting arrangement? For parties who have recently separated or divorced with children, the question may arise as to how best to co-parent the children of the family. A parental separation is a significant incident in a child’s life and so many parents wish to make the … [Read more...]
Online Divorce Applications – Avoid the Pitfalls
“The seemingly simple process of online divorce applications can easily lead to errors that can cause financial and legal difficulties later on”, says Lucy Hart. In order to facilitate the process of divorce more easily and with a significant reduction in costs, divorcing couples have been assisted through access to an online portal, as well as by introducing no-fault divorce. In the aftermath of a marriage breakdown, the majority of people will encounter financial difficulties along the … [Read more...]
Sinclair Law Solicitors enjoyed the RSM’s Annual Tennis Tournament!
Sinclair Law Solicitors showcased their sporting prowess at the RSM's annual tennis tournament yesterday. Held at the picturesque Northern Lawn Tennis Club in Didsbury, RSM UK hosted their 5th grand slam event. Jeanette Birch, Family Law solicitor said, “It proved to be a fantastic day of fierce competition and valuable networking opportunities.” Sinclair Law Solicitors enjoyed the RSM's Annual Tennis Tournament! Aiming for Success Lucy Hart, the Director of Sinclair Law Solicitors, … [Read more...]
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