Monday, March 24, 2014

Report on Matrimonial Property, Needs and Agreements

From Family Law Week:

The Law Commission for England and Wales has just published its report on Matrimonial Property, Needs and Agreements. The project has seen, first, the publication of a Consulation Paper in 2011, dealing with marital property agreements, and, in 2012, following the extension of the project, a Supplementary Consulation Paper focusing on the additional areas of financial needs and non-matrimonial property.

Our key recommendations in the Report are for:

1. guidance to be produced by the Family Justice Council on the law regarding how financial needs should be met on divorce and dissolution; and

2. the introduction of binding nuptial agreements, to be known as qualifying nuptial agreements.

This article sets out the context of our recommendations before turning to a discussion of our key policy points, concluding by examining the benefits of our proposed reforms.

Read more, and read the report, here.

MR

http://lawprofessors.typepad.com/family_law/2014/03/report-on-matrimonial-property-needs-and-agreements.html

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