As with divorce, same-sex couples are entitled to the same financial remedies as opposite-sex couples.
It is crucial to reach an agreement following divorce to settle your finances and obtain a clean break, which means neither party has any future claim against the other.
Within financial remedy proceedings, the court has a range of powers including:
- Lump sum payment
- Spousal maintenance
- Transfer of a property
- Order for sale of a property
- Pension orders
- Clean break order
With any financial proceedings after divorce, the parties’ assets will typically be disclosed to the other, and it will be determined which of the assets fall within the marital pot and are therefore available for division between the parties.
Often, parties to the proceedings will assert that any assets obtained before the marriage are non-marital and should not be shared between the parties.
This can be more difficult for same-sex couples, as same-sex marriage was only legalised in 2013 in England and Wales, which means there will be married couples who may have cohabited for a longer period before they were able to marry.
This can create more complexity around the assets and whether they should be marital or non-marital, particularly as cohabitation can be difficult to establish.