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		<title>Jumping into a new relationship? Beware it may affect your divorce settlement</title>
		<link>https://www.jonesmyers.co.uk/jumping-into-a-new-relationship-beware-it-may-affect-your-divorce-settlement/</link>
					<comments>https://www.jonesmyers.co.uk/jumping-into-a-new-relationship-beware-it-may-affect-your-divorce-settlement/#comments</comments>
		
		<dc:creator><![CDATA[wearefactory]]></dc:creator>
		<pubDate>Wed, 24 Sep 2014 09:59:57 +0000</pubDate>
				<category><![CDATA[Divorce and Separation]]></category>
		<category><![CDATA[Financial Disclosure]]></category>
		<category><![CDATA[Separation Agreements]]></category>
		<category><![CDATA[Divorce]]></category>
		<category><![CDATA[Divorce Lawyers]]></category>
		<category><![CDATA[Divorcing]]></category>
		<category><![CDATA[Family Court]]></category>
		<category><![CDATA[Financial Futre]]></category>
		<category><![CDATA[Financial Settlement]]></category>
		<category><![CDATA[Jones Myers LLP]]></category>
		<category><![CDATA[Mr Justice Mostyn]]></category>
		<category><![CDATA[New Partner]]></category>
		<category><![CDATA[New relationships]]></category>
		<category><![CDATA[Relationships]]></category>
		<guid isPermaLink="false">http://blog.jonesmyers.co.uk/?p=1670</guid>

					<description><![CDATA[<p>High court judge Mr Justice Mostyn has warned divorcing wives to keep away from new romances or risk jeopardizing their financial settlement. In a written ruling, he said the start of a new relationship could be a “significant fly in the ointment” to judges in the family court when deciding how much ex-wives should be [&#8230;]</p>
<p>The post <a href="https://www.jonesmyers.co.uk/jumping-into-a-new-relationship-beware-it-may-affect-your-divorce-settlement/">Jumping into a new relationship? Beware it may affect your divorce settlement</a> appeared first on <a href="https://www.jonesmyers.co.uk">Jones Myers</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>High court judge Mr Justice Mostyn has warned divorcing wives to keep away from new romances or risk jeopardizing their financial settlement.</p>
<p>In a <a href="http://www.telegraph.co.uk/news/uknews/11113918/Dont-date-before-divorce-judge-tells-women.html">written ruling</a>, he said the start of a new relationship could be a “significant fly in the ointment” to judges in the family court when deciding how much ex-wives should be awarded.</p>
<p><span id="more-1670"></span></p>
<p>Women, according to <a href="http://en.wikipedia.org/wiki/Nicholas_Mostyn">Mr Justice Mostyn</a>, were at risk of being given a reduced settlement as judges might assume they were living with a new partner and that their financial future was assured.</p>
<p>His comments were made about a family court case in Swansea in which a divorced couple in their 40s had been involved in a lengthy argument about how to share their assets.</p>
<p>During the dispute, the wife started a new relationship but did not advise the court. As she was still in the relationship, Mr Justice Mostyn awarded her only £250,000&nbsp;of her ex-husband’s considerable inherited wealth, stating that if she was “assuredly single and I could foresee that continuing, I would have my doubts as to whether a net capital position, excluding pension, which will not be accessed for a long time, of just over £250,000 would be enough. On the other hand, I cannot ignore the existence of the relationship.”</p>
<p>Whilst it might be assumed that this stance is sexist, the same approach could be applied equally to men, if they are found to be in a similar situation.</p>
<p>When deciding the amount to be paid in a divorce settlement, judgement is made after the facts have been presented to the court. If one of the parties is now in a relationship and co-habiting, a judge will ask what financial contribution is made, or should reasonably be made, by this new partner to the ex-spouse’s needs.</p>
<p>Whilst post settlement cohabitation with someone new does not automatically bring spousal <a href="http://blog.jonesmyers.co.uk/cant-pay-or-wont-pay-what-to-do-when-your-ex-stops-maintenance/">maintenance</a> to an end, it can be very important, as it signifies a change in circumstances. It is not the cohabitation in itself that might result in a variation of maintenance, but rather how it alters the resources and needs of the recipient.</p>
<p>We always advise our clients to disclose if they are cohabiting or have a definite plan to cohabit when seeking a financial settlement. If they fail to do so they run the risk of any order for division of assets being set aside.</p>
<p>Did being in a new relationship affect your settlement? Should cohabiting with a new partner make a difference on the final financial outcome?</p>
<p>If you have any questions or concerns about your divorce and are worried about how your assets should be divided, please call us on 0113 246 0055, leave us a comment below or drop us an <a href="http://jm2023.jonesmyers.co.uk/pages/emailform.htm">e-mail</a>.</p>
<p>The post <a href="https://www.jonesmyers.co.uk/jumping-into-a-new-relationship-beware-it-may-affect-your-divorce-settlement/">Jumping into a new relationship? Beware it may affect your divorce settlement</a> appeared first on <a href="https://www.jonesmyers.co.uk">Jones Myers</a>.</p>
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