Frequently Asked Questions on the Divorce Process
Our experienced solicitors in Isleworth provide comprehensive legal advice and support for all your divorce-related needs. Whether you’re initiating the divorce process, seeking financial guidance, or drafting a maintenance agreement, we’re here to help. Below, we’ve listed some of the most frequently asked questions about divorce, financial arrangements, and children.
Capital Gains Tax (CGT) is owed when an asset is sold for more than its original cost, including improvement and selling expenses. The rates are 10% for basic rate taxpayers and 20% for higher earners. For residential properties, the rates are 18% and 28%, unless qualified for private residence relief.
Streamline child maintenance discussions with your ex-partner by creating a written agreement. This document serves as a record of intentions and can be used in court if not upheld.
The Form E is an opportunity to fully present your case. Instead of viewing the boxes as restrictive, use them to provide evidence that supports your position. Treat the Form E as you would any other evidence in litigation: it should be thorough and help advance your case.