ThoughtLeaders 4 ContentAnnouncement
James Baldwin-Webb Joins Thought Leaders 4 as Private Client Partnership Director!
James has been the commercial lead on many globally renowned Private Client events and forums and has over 10 years of experience of curating communities across the full spectrum of the Private Client advisory market.
James’s arrival re-unites him with Laura Golding and along with the ThoughtLeaders4 directors, gives over 30 years’ experience within Private Client, and will add continued impetus to an already rapidly growing community.
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ThoughtLeaders 4 Content
Virtual Value Visibility Partnership
Deliver Value through Virtual Visibility.
Understand what is unique about the ThoughtLeaders4 community approach and how you can add Value to our Communities and be Visible through our Virtual platform.
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Articles
EU laws continue until at least 2038 and beyond
The UK left the EU on 31 January 2020. But in matters of law it fully leaves on 31 December 2020. But EU laws will continue to apply, and be applied, in the English family courts from 1 January 2021 onwards, probably until 2038 and perhaps beyond. This fact is not much known, has not been widely publicised but is very relevant for those who wish to continue to rely on EU laws in their family affairs.
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ThoughtLeaders 4 ContentCase Study
TL4 X-Over Case Study
Case study outine for TL4 Virtual Community X-Over on 19 November 2020 is a unique virtual event bringing together HNW Divorce, FIRE and Private Client experts.
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Articles
Cooking up a storm: The Privy Council’s decision in Webb v Webb
This follows our previous piece, Divorced from reality: Pugachev, Webb, and illusory trusts in divorce proceedings, which was published in the August 2020 edition.
On 3 August 2020 the Privy Council handed down its eagerly awaited Webb v Webb ([2020] UKPC 22) judgment in the appeal from the Cook Islands. Its judgment grapples with several important issues, with perhaps the most eye-catching aspect
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Articles
War Stories on Pre- and Post-nuptial agreements
Marital agreements are becoming increasingly popular in England & Wales as more couples seek greater certainty of financial outcomes in the event they divorce. The increasing number of international couples (who may be more used to such agreements) has also made marital and civil partnership agreements more popular and culturally acceptable in England & Wales.
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Articles
Hot topics in proceedings for financial provision after a foreign divorce (Part III)
Proceedings for financial claims after a divorce has already taken place in another country (known in England and Wales as Part III applications) are politically, legally, and culturally sensitive. These applications enable a court in one country to determine whether a financial outcome made in another country is fair and adequate and if not, additional financial relief can be secured. This can sometimes lead to very large financial settlements. This talk deals with the most relevant cases in the last 12 months and discusses some current thorny issues including the difficulty in sharing English pensions after a foreign divorce post 31 December 2020.
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Articles
Family law leaves the EU: the law on 1 January 2021
EU family laws end on New Year’s Eve 2020[1]. For all new proceedings[2] from 1 January 2021 onwards there will be reference to national laws and non-EU international laws. This article summarises what is that law, separating out threefold elements of jurisdiction, forum[3] and recognition with enforcement. In turn it is within the three key areas namely divorce, maintenance and children.
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Articles
Family law leaves the EU: the conjunctive or disjunctive interpretation resolved by EU guidance
Over the summer there was real uncertainty concerning the proper and appropriate interpretation of a key part of the 2019 EU Withdrawal Agreement (WA). Not a matter of mere academic or political interest, it was vital for family law practitioners to know how to prepare for EU exit, specifically what steps should be taken in their cases this autumn and winter. Last week the EU published guidance which very helpfully clarified the position, confirmed by the UK Ministry of Justice.
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Articles
Claiming maintenance where the petition is based on sole domicile
In the recent unreported decision of B v B, heard remotely at the CFC in May 2020, two members of chambers were on opposite sides: Peter Duckworth for the wife and Conor Fee for the husband. The skeleton arguments and ensuing judgment addressed controversies that have surrounded the interpretation of Article 3 of Council Regulation (EC) No 4/2009 (the Maintenance Regulation).
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Articles
How far does the Split reflect the Family law reality
The Split, a BBC One drama which follows the personal and legal challenges faced by the Defoes (a family of female divorce lawyers to high-end and celebrity clients), returned to our screens last month after the success of its first series back in Spring 2018.
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Articles
Splitting Finances on Divorce
Getting divorced is never easy and quite often, splitting up the finances is one of the most stressful parts of the divorce process. As financial advisers, we cannot take the emotional stress away but we can make the financial discussion easier and in some cases, we can find ways to improve the overall tax situation. I have even seen one situation in which a divorce became the most viable option to achieve a specific financial goal… more on this later.
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Articles
Attacking and defending (pension) trusts in divorce
Pensions can be of huge significance for divorcing high-net-worth couples. The most recent ONS figures show that for the wealthiest 10% of households, private pensions amount to 44% of overall wealth, compared to 30% held in property and 22% held in other investments.
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Articles
Can you enforce the terms of an English order in Jersey?
Many practitioners will appreciate that Jersey is a self-governing Crown Dependency with constitutional rights of self-government and judicial independence. It follows that orders made in the courts of England and Wales are not enforceable as of right in this jurisdiction. We focus in this article on three common scenarios we see when such cross-jurisdictional considerations arise and the steps you can take to ensure that the terms of such an order are honoured.
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Articles
Coronavirus’ impact on HNWs advice
The Coronavirus pandemic reminds us of Simone de Beauvoir’s “All men are mortal” Both encourage us to re-evaluate our priorities, prompting us to seize new opportunities otherwise ignored under the “business as usual” regime.
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Articles
UK EU Cooperation in Family Law after Brexit: the effect for HNW families
The UK has left the EU. But existing laws continue throughout the transition period, end December 2020. Some had lobbied for EU family laws nevertheless to continue. In February 2020 the UK government confirmed EU laws will end completely. But the UK is probably the leading jurisdiction for international families and the EU represents a significant number of the independently mobile cross-border families. It is essential there is future cooperation. Moreover, what will be the effect and impact on high net worth families?
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Articles
Child abduction during the Coronavirus Pandemic
In Re N (A child) [2020] EWFC 35 the High Court was asked to consider whether judicial delays abroad caused by COVID-19 was a reason to depart from the general practice recommended in the decision in Re S (A Child) (Abduction: Hague Convention) [2018] 4 WLR 108 namely that the court should defer making its own return order until an application under the 1980 Hague Convention has been determined in the other member state.
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Articles
Should Children be Moving between their Parents’ Homes during the Coronavirus?
Living through the Coronavirus creates a heightened sense of stress and anxiety for us all. Decisions that used to require no thought at all are now, for many of us, very fraught: Should I go to the supermarket? How should I take my daily exercise? Do we have enough food this week? How can I support my elderly relatives? It is an extremely challenging time.
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Articles
Couples to be able to ‘Tie the Knot’ over Zoom
That is to be the position in New York after Governor Andrew Cuomo announced on 18 April 2020 that he had signed an Executive Order allowing New Yorkers to obtain marriage licences remotely and authorising clerks to perform ceremonies via video conference.
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Articles
The Heartbreak of Grandparents during Coronavirus
The media has been at great pains to emphasize the huge surge in cases of domestic abuse during the course of the Coronavirus lockdown. In some areas there has been reported some 400 cases over the lockdown period which has lasted a month. Translated across the country and in fact the world, the case numbers are ever growing.
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Articles
Trustees and Divorce: Navigating Stormy Waters
Debt, death and divorce: often grimly cited as the estate agent’s best friends, they are also three main harbingers of trust litigation. The last of these can be particularly troublesome for trustees, who can find themselves in a difficult position when a beneficiary (or beneficiaries) of a discretionary trust divorce, especially when it is taking place in the English courts
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Articles
Ways of Protecting Family Wealth on Divorce
Parents are increasingly reluctant to provide financial assistance to their adult children because they are concerned that the money could be lost in a divorce. We are often approached by anxious parents who are keen to ensure that family wealth intended for their children and grandchildren won’t fall into the hands of their estranged son or daughter in law, should they later divorce.
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Articles
Out-Of-Court Resolution: DR in the Corona Virus Environment and Beyond
We are adapting to a whole new normal – There’s been an overnight shift to remote working for almost the entire population and the court system which has remained unchanged for decades is creaking and in many instances no longer available. This is therefore a time for alternatives to court to come into their own. We are lucky that over the years we have developed a whole range of DR. All of the forms of DR can be undertaken virtually – whether by Skype/zoom/loop up and many accredited practitioners are waiting to help.
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Articles
Coronavirus in the Family Law arena
The Coronavirus pandemic has no doubt created fear around the world. With school closures, travel bans and the lockdown of many cities around the world, many of us are left wondering where the safest place for us is to ride out the coming months. Whilst it is completely understandable to want to protect ourselves, our families and our children, if looking for a safe haven results in you removing your children from their country of residence, without the consent of the other parent, you could find yourself facing civil and criminal repercussions.
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Articles
More Skype hearings prompted by the Coronavirus outbreak
Reports in some media and newspapers today, Sunday 8th March 2020, indicate that HM Courts & Tribunals Service is moving ahead with coronavirus containment plans to have more Skype type video-conferencing court hearings, particularly and initially in criminal cases, to reduce the need for use of public transport and public gathering. The family law profession will follow developments closely as it can only be a short step to the same measures in the Family Court.
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Articles
Potential Psychology and Emotional Challenges in HNW and UHNW Divorce
While we are all aware of the highly complex legal, financial, commercial and international issues raised by HNW divorces, how much do we know about the personalities that have evolved within this section of society? What might we encounter of the psychology and emotional aspects of the parties involved? HNW and UHNW individuals face and develop a set of challenges within life that might be unfamiliar to those who do not inhabit that world of affluence. The very nature of their circumstances allows them to distance and detach themselves from the everyday concerns that occupy most of the planet, the need to survive financial demands on daily basis, to make ends meet. Consequently there is often little awareness, sympathy or empathy for the human and existential struggles that they, like every other human on the planet, have to face.
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Articles
Will Marriage Story spark a debate about Family Justice?
The Oscar winning Marriage Story, released on Netflix, is a compellingly accurate, often painful to watch, account of the fallout when a marriage ends, and the damaging impact adversarial litigation can have. As family lawyers, we are all used to scoffing at TV dramas bearing little resemblance to the reality (“did you see? They used completely the wrong court forms!? And just IMAGINE speaking to your clients like that!”), but Marriage Story really is something different.
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Articles
Potential Psychology and Emotional Challenges in HNW and UHNW Divorce
While we are all aware of the highly complex legal, financial, commercial and international issues raised by HNW divorces, how much do we know about the personalities that have evolved within this section of society? What might we encounter of the psychology and emotional aspects of the parties involved? HNW and UHNW individuals face and develop a set of challenges within life that might be unfamiliar to those who do not inhabit that world of affluence. The very nature of their circumstances allows them to distance and detach themselves from the everyday concerns that occupy most of the planet, the need to survive financial demands on daily basis, to make ends meet. Consequently there is often little awareness, sympathy or empathy for the human and existential struggles that they, like every other human on the planet, have to face.
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Articles
HNW foreign divorces with a Jersey connection
This article briefly discusses two cross-jurisdictional issues arising in foreign HNW divorces on which we are regularly instructed to advise from a Jersey law perspective.Given Jersey's status as a leading and highly regulated, offshore financial services centre, we frequently encounter HNW and UHNW divorces featuring Jersey trust structures. In almost all cases, Jersey trusts are administered by professional trustees regulated under our Financial Services (Jersey) Law 1998 by the Jersey Financial Service Commission and further subject to the supervision of the Royal Court of Jersey. When beneficiaries of a Jersey trust become involved in foreign divorce proceedings, it is helpful for them to understand that the trustee(s) have a number of important decisions to make...
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Articles
Matrimonial Proceedings - Insolvency Considerations
Insolvency proceedings are a potential option for clients to consider in situations where there are unpaid debts, judgments and orders and/or concerns over the dissipation of assets.
It is recognised that insolvency can seem a nuclear option for enforcement but insolvency proceedings can be an effective strategy to maximise recoveries where a client has an outstanding award.
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Articles
How to enforce a prenuptial agreement
It is almost ten years since the landmark decision of the Supreme Court in Radmacher v Granatino [2010] UKSC 42 changed the law on prenuptial agreements, giving their enforceability a huge boost when holding that the parties would be held to their bargain in the event of a divorce where the agreement ‘’was freely entered into by each party with a full appreciation of its implications, unless in the circumstances prevailing it would not be fair to hold the parties to their agreement’’.
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Articles
The Coronavirus and Family Law
The World Health Authority is on the verge of declaring the coronavirus a pandemic, a disease found significantly on more than one continent and being spread frequently between people. How should family lawyers take this into account in the work they are undertaking for their clients, particularly international clients or those with assets abroad? This summary note is intended for England and Wales but has relevance for all family lawyers around the world.
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60 seconds with
60 Seconds with Jane Keir
Jane Keir is one of the most well known and recognisable faces of family law. As co-chair of our inaugural conference we got her thoughts on the industry and what to look out for on the 19th May.
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Articles
Disclosure in Financial Remedy Proceedings: no Longer a “Cheater’s Charter”?
The Family Court has demonstrated a willingness to assist a party to enforce a financial remedy order by allowing use of confidential documents where there is evidence of deliberate attempts by the respondent to frustrate English court’s orders, and where there is no evidence that the applicant acted unlawfully in accessing confidential materials.
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Articles
Using Arbitration to settle Family Disputes – less Hollywood, more Privacy
Paul Hollywood is a highly public judge on one of Television’s most popular shows, with over 6 million viewers watching him and his taste buds push Great British Bake Off contestants to tears, frustration and occasional joy but when it comes to his divorce, he and his wife of over 20 years have chosen for their financial arrangements to be adjudicated in private.
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