ThoughtLeaders 4 Content
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ThoughtLeaders 4 ContentAnnouncement
1KBW Extends Community Partnership
ThoughtLeaders4 is pleased to announce that 1 King’s Bench Walk has extended its HNW Divorce Community Partnership for a second year.
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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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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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