A high profile divorce ruling scrapping future maintenance payments signifies a change in how Court’s regard maintenance.
In a case dubbed the “meal ticket for life” the Court of Appeal ruled this week that maintenance payments to an ex-wife from her former Husband should end after 3 years.
The ex-wife was asking for an increase in annual payments but the ex- Husband challenged the original award.
The Judge commented “any extension of the share in principle to post separation earning would fundamentally undermine the Courts ability to affect a clean break”.
Comments are abounding that this is the most significant indication yet that the law relating to spousal maintenance is less generous than before.
The Judgement made therefore has confirmed a more limited approach to maintenance, both as to amount and duration, than was the case a few years ago.
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During the divorce procedure it is necessary to consider the financial aspects of the marital breakdown so that both parties can move on with their lives independently.
At Ringrose Law, we are able to advise you with regards to the law, legal entitlement and procedure. We can also advise as to whether any immediate action needs to be taken to protect assets or to bolster your position to ensure a more favourable settlement.