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I am concerned that in the current economic climate, I will struggle to meet the obligations in my pre-nup or divorce settlement. How can I get out of a deal?

The Covid pandemic has impacted on families across our country in myriad unforeseen ways. With the worst period of recession in 300 years potentially ahead of us, many separated and divorced couples will be considering whether they can reopen or vary a divorce settlement. Many people with pre- or post-nuptial agreements may be concerned that they are no longer fit for purpose and need to be reviewed.

For some couples, lockdown has bought an opportunity to cohabit, which has either accelerated their relationship or put strain on it, leaving them wondering what they should be doing next with their living arrangements.

There are various possibilities, as explained in the videos below.

As a full service private wealth team, we are able to support you with the below decisions in the wider context of your personal planning.

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What are my options for getting out of a deal due to the current financial crisis?

Miranda Fisher talks through the options available if your divorce settlement has been impacted by the Covid-19 pandemic.

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Miranda Fisher writes for Spear's Magazine on the fallout from the pandemic and its impact on divorce settlements

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Can my divorce settlement be reopened due to the current financial crisis (‘barder event’)?

Miranda Fisher talks through the conditions of a ‘barder event'.

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Escaping a Separation Agreement

James Freeman explains the circumstances in which a Separation Agreement may be reopened.

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Reviewing a Pre-Nuptial Agreement

James Freeman talks through the process of reviewing a Pre-Nuptial Agreement.

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Matrimonial home valuations in lockdown: can they be trusted?

For many of our clients, the family home represents a significant asset in the matrimonial pot.

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Under what circumstances can I apply for a reassessment of my child maintenance?

Sarah Jane Boon talks through the circumstances in which you can apply to the Child Maintenance Service for a reassessment.

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Can I alter a lump sum payment obligation?

Sarah Jane Boon talks through the conditions in which lump sum payments may be altered.

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Can I vary my spousal maintenance payments?

Jamie Kennaugh talks through the options for varying your spousal maintenance due to the impact of COVID-19.

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Will couples who were locked down together stay together? Cohabitation in the wake of COVID-19

When the first lockdown measures were introduced, many couples were faced with an ultimatum: either move in together or isolate separately

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