Divorce bills could be slashed under review ordered by Government into 50-year-old law

March 20, 2023

"The Government is to review the 1973 Matrimonial Causes Act, which determines how financial assets are split after divorce in England and Wales....Spouses are therefore often forced to fund costly legal battles due to a lack of clear guidance on how wealth should be divided....The English legal system tends to split the combined wealth of divorcing spouses equally even if one partner is the breadwinner, in contrast to many other European countries....The Law Commission [is] to examine whether the Act needs updating."

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