By Dharsh Nanayakkara - 22 May 2020
Covid-19 has reduced the incomes of many and undermined
the value of the family home, business and investments. These
effects have made it especially challenging for separated couples
attempting to resolve their relationship property
issues.
Separating couples seek to divide their relationship property
quickly and efficiently, so they can get on with their separate
lives. In these uncertain times brought on by Covid-19 and the
lockdown, previously understood values for the family's property
will have to be reassessed. Also, the pre-existing ease by which a
bank may have assisted one partner to 'buy out' the other's share
of relationship property may now be more difficult to secure.
If efficiency and minimal delay is to be achieved despite the
challenges caused by Covid-19, then it has never been more
important to obtain the best advice about how to go about dividing
the relationship property in a way which is fair, lasting and
consistent with the Property (Relationships) Act 1976.
If you, or someone you know is considering separation from their
partner or spouse, or needs advice on resolving their relationship
property issues, then please contact Dharsh Nanayakkara who
specialises in family law issues including relationship property
division and settlement. Dharsh is able to discuss matters with you
by video conference facility or in person in accordance with Level
Two COVID requirements.
Contact
Dharsh
Nanayakkara