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Clarke & Son Blog​

Women take financial hit by divorce

Andrea Boulter, Senior Family Law Solicitor

– This article discusses how the majority of women going through a divorce may be harder hit than their ex-spouses as they sometimes find themselves fighting for their home, a share of the pension pot and maintenance payments for themselves and their children. There are steps you can take to help yourself financially if you find yourself in this situation.

It was five years ago that Emma Cooper and her husband separated. Since then, her divorce has dominated her life. The 47-year-old has spent much time and energy fighting her ex in court – over custody of their three children and financial support – with legal bills topping £85,000.

Her former partner, a banker, dropped his maintenance payments to a bare minimum after being made redundant, despite having a six-figure payout and the strong likelihood of another job in the pipeline. Cooper is now hoping her case may see a change in the law, where redundancy payments can be taken into account as income in child support cases.

Read more: http://bit.ly/2mFvWJc

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