- Home
- Relationships
- Divorce
- Clean Break Consent Order
Clean Break Consent Order
- By jameswalsh
- Published 08/3/2007
- Divorce
- Unrated
Clean breaks indicate that maintenance rights are permanently dismissed.
James Walsh is a freelance writer and copy editor. If you have recently become divorced a clean/">http://www.clean-break.co.uk">Clean Break Agreement is essential to prevent your former spouse from making a claim to your future assets, for more information see http://www.clean-break.co.uk
- Even if a partner has resigned a job in the post-marital period, the non-earning spouse is expected to seek reemployment for self sustenance.
- However, a few concessions are permitted. Maintenance amounts can be paid for a specified duration. This makes it possible for the non-earning member to refine rusted skills and re-enter the job market. Maintenance money stops upon employment.
- Some cash-rich people offer lump sum amounts in lieu of maintenance paid in instalments.
- They are required to fill in details regarding their income, savings and investments; in short, theyare expected to present a clear financial picture.
- The residential address of either marital partner has to be entered.
- Details of their future plans (pertaining to remarriage) also need mention. The courts want to ascertain that the agreement has been reached after both the parties knew the exact financial standing and romantic inclinations of the other.
- The predecided amount of money paid by one marital partner to the other
- The transfer of matrimonial home and other financial assets
- If the matrimonial home is not partly or jointly split, the manner of sharing its proceeds upon its sale is mentioned.
- Mode of division of other financial assets like joint savings, jewellery, silver ware, etc is also decided.
- The division should also include household furniture, paintings and car. All items of substantial value are included.
- Finally, both the couple affix their signatures to confirm that the agreement is final.
- Consent orders are necessary to ensure that neither party goes back to court asking for a change in the agreement reached.
- This ensures that no party can make further claims in view of changed financial circumstances.
- This makes the conditions of the agreement legally enforceable.
James Walsh is a freelance writer and copy editor. If you have recently become divorced a clean/">http://www.clean-break.co.uk">Clean Break Agreement is essential to prevent your former spouse from making a claim to your future assets, for more information see http://www.clean-break.co.uk
Circulated by http://www.articleland.co.uk












