Delaying a Divorce Because of Financial Prejudice: The New No-fault Law and Practice – Financial Remedies Journal
‘There can be real loss and prejudice in some divorce cases if the final divorce order, previously the decree absolute, is granted before the final financial settlement and its implementation in circumstances when the paying party then dies. Automatic entitlement to pensions, the primary circumstance, but also insurance policies, beneficial interest in trusts and similar are then not available as the applicant is now divorced, financial remedy claims are no longer available after death and there might have to be a difficult and separate civil claim.’
Financial Remedies Journal, 7th October 2024
Source: financialremediesjournal.com