{"id":2526,"date":"2022-11-03T16:17:00","date_gmt":"2022-11-03T16:17:00","guid":{"rendered":"https:\/\/decottalaw.redlinecompany-hosting.com\/?p=2526"},"modified":"2023-03-21T11:15:01","modified_gmt":"2023-03-21T11:15:01","slug":"sharing-pension-divorce","status":"publish","type":"post","link":"https:\/\/decottalaw.redlinecompany-hosting.com\/da\/sharing-pension-divorce\/","title":{"rendered":"Sharing a pension on divorce"},"content":{"rendered":"<p>In the UK courts there are provisions for <strong>sharing a pension or splitting a pension on divorce<\/strong>. In England this is either by a Pension Sharing Order or a Pension Splitting Order. This can be very important where the couple have agreed that one of them does not work and matrimonial assets, including a pension, are built up over a number of years.<br \/>\nIf there are sufficient funds available, the <strong>pension right can be offset by payment of a lump sum.<\/strong> However, if the principal assets have been divided 50\/50 and there is only the pension to deal with, it is very important to get advice before coming to a financial settlement in Spain. This is because if you divorce outside the UK it can be extremely difficult to then bind a UK-based pension company to share or split the pension.<br \/>\nFailure to deal with this issue in a divorce heard in Spain means that you would need to commence an action in the UK. In England, the procedure after a foreign divorce is to apply under the Matrimonial Proceedings Act 1984 in what is commonly called a Part III application.<br \/>\nTo do this an application has to be made to the High Court in London with the attendant expense and delays. It can be more practical to <strong>apply for the divorce in England to include an application for Pension sharing. However, there is a residence requirement of 12 months immediately before the application is made.<\/strong> You can also make the application if the previous matrimonial home was in England, or if you are considered to be domiciled in England.<br \/>\nBefore applying to the courts of Spain or of the UK for a <strong>divorce it is important to get advice about your particular circumstances<\/strong>. This is even more vital if there are pension rights to decide.<br \/>\nFor more information please email family@decottalaw.net or call 952 527 014.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the UK courts there are provisions for sharing a pension or splitting a pension on divorce. In England this is either by a Pension Sharing Order or a Pension Splitting Order. This can be very important where the couple have agreed that one of them does not work and matrimonial assets, including a pension, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2527,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[963,962,965,739,961,958,959,960,964],"office-cat":[],"service-cat":[157],"class_list":["post-2526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-family-law","tag-divorce-pension-share","tag-english-pension-spain","tag-family-law-pensions","tag-family-law-spain","tag-foreign-divorce-pension","tag-pension-sharing-malaga","tag-pension-sharing-uk","tag-pension-splitting","tag-rights-to-pension-spain-england","service-cat-family-and-divorce"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>sharing a pension 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