Just and Equitable Threshold
Prior to 2012, the framework to determine property adjustments involved a four-step process.
Since the High Court case of Stanford & Stanford (2012), there is now also a “just and equitable” threshold which must be satisfied before the four-step process is applied.
The factors to consider are:
Four Steps to Determine Property Adjustments
The four steps to determine what you are entitled to in relation to property are:
Discretionary Power
The Court has a wide discretionary power based on the facts of each case. For this reason no one can truly say that you will be entitled to an exact percentage split.
Family law solicitors often work on a range of 10% to cover the discretionary nature of court proceedings in relation to property.
Some Common Matters
Within each of the above steps there are numerous factors to consider.
Other common issues that come up in property matters include:
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