Financial needs and nuptial agreements: impact assessment

Document type
Impact Assessment
Corporate author(s)
Great Britain. Law Commission
Publisher
Law Commission
Date of publication
1 October 2013
Subject(s)
Families, Legislation
Collection
Social welfare
Material type
Reports

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The fundamental policy objective of these proposals is to make the law of financial provision on divorce or dissolution clearer and more certain. First, guidelines produced by the Family Justice Council will clarify the existing law on financial needs, encourage consistent application of that law and assist couples who wish to settle their disputes out of court. Secondly, reform of the law would allow married couples and civil partners (or those planning to enter such a relationship) to make binding agreements before or during their marriage regulating their high-value financial affairs on divorce or dissolution.

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