The Financial Dispute Resolution hearing or “FDR” is the second hearing in standard financial remedy proceedings. The purpose of the hearing is to facilitate productive settlement negotiations between the parties, all on a “without prejudice” basis. After hearing from the parties (usually through their respective barristers), a Judge will provide their “indication” as to what order they would make were they hearing this as a Final Hearing. The Judge’s indication does not bind the parties, rather it is intended to help narrow the issues to assist with settlement negotiations.
If settlement proves impossible on the day of the hearing, the FDR Judge will have no further involvement in the case. Instead, a Final Hearing will be listed before a different Judge who has not heard the indication or any of the without prejudice concessions either party may have made.
The aim of the FDR is to promote settlement and to provide the parties with agency over their settlement terms rather than have a judge at Final Hearing force an outcome on them.
It is a matter for you. If you would prefer to keep it secret, then there is no need to, however you may feel more comfortable opening up to close family members about the fact you are being asked to enter into one as they can offer help for support.
Yes, although your fiance or their solicitor has drafted the prenup, you still need advice about it to make sure that you understand its terms and that it has the effect that you would like it to. The implications of a prenup can be serious, and you should to talk to us about this.
Yes. You need to understand the implications of entering into it. Also, if you don’t take advice, it is less likely the prenup will carry weight in the unlikely event of there being a divorce. A solicitor will help you understand whether a prenup is appropriate, and what it should say to best protect your position.
There are several alternatives that can be looked at depending on your situation. Outright gifts or transfers ahead of the marriage, deeds of trust or even postponing the marriage are sometimes looked at by people in that situation.
For more information and insights on Family Law please visit our Family Law info hub.
Some families insist on prenups being entered into before a wedding. If someone has been through a difficult divorce, it is understandable they might want to avoid any repeat of that and protect themselves against the same thing happening, as unlikely as that is.
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