Couples Use Prenuptial Agreements to Cover Pet Custody Issues

New research from Direct Line Pet Insurance has revealed that as many as 28% of people would consider putting a prenuptial agreement in place to cover custody of their pets in the event that a relationship breaks down. A ‘pet-nuptial’ is a deed of agreement between the parties who set out clearly what will happen…

Study Highlights Problem of Family Instability

A new study has claimed that the UK has one of the highest rates of family instability in the developed world. According to pro-marriage think tank Marriage Foundation, the study shows that three in five (62%) British children born to unmarried parents who are living together experience family breakdown before they hit their teens. In…

Collaborative Child Maintenance Arrangements

The UK Government has published new figures that it says show thousands of children are benefiting from their separated parents working together on child maintenance arrangements. According to the figures, the parents of more than 15,900 children have set up ‘family-based arrangements’ for paying child maintenance after receiving information and support from Child Maintenance Options….

Pets and Divorce

In an interesting story from across the pond, the state of Alaska has apparently passed an amendment to its laws on divorce that will change the way pets are treated when their owners get divorced. The Daily Mail reports that in all other states in the US, pets are treated as property when it comes…

Possibility of Divorce Affects Inheritance Planning

As many as one in three parents are apparently reluctant to leave an inheritance to their married children, because they fear the relationship will end in divorce and ultimately result in assets leaving the immediate family. The study, by Investec Wealth & Investment, found that 12% of parents said their children’s marriages had already broken…

Land and Buildings Transaction Tax “operationally successful”

A recent report by the Scottish Parliament’s Finance and Constitution Committee has concluded that the country’s transition to the new Land & Buildings Transaction Tax (LBTT) was ‘operationally successful’. However, the report goes on to say that it is too early to draw any definitive conclusions on the impact of LBTT rates and bands after…