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Finances on Divorce

Dealing with finances on divorce can be contentious.

Our team will help you try to resolve matters pragmatically, to preserve your interests and that of your family.

We strongly recommend all parties receive independent advice regarding their financial entitlements on divorce. In many cases following this advice you and your spouse may be able to agree the terms of financial settlement, without issuing court proceedings. There are also other options, including arbitration, mediation, round table negotiations and collaborative law available to you.

If you have agreed the terms of settlement with your spouse they can be embodied in a document called a “Consent Order”, which once agreed by you and your spouse (ideally with the benefit of legal advice) is sent to the court for a Judge to approve. Thereafter, it is a legally binding document upon which both parties can rely to provide certainty for the future and prevent future financial claims.

In the event you are unable to agree the financial matters with your spouse you can make an application to the court to seek a Financial Remedies Order.

A financial application to court may be necessary if:

  • matters cannot be agreed
  • there is concern regarding dissipation of assets
  • one party may be concealing assets
  • there is a significant dispute regarding the value of assets and needs

How we can help with your finances on divorce

Our solicitors are highly experienced in dealing with contested financial proceedings arising from a divorce and are here to help.

We advise people in all financial situations including business owners, farmers, and individuals with offshore assets based in foreign jurisdictions.  We can also assist you if you are the spouse of such individuals. We also have extensive, well-established connections with other local professionals such as financial and mortgage advisors, divorce coaches, therapists, actuaries, surveyors and accountants who may be needed to provide you with support, or expert guidance through the process, particularly if your financial circumstances are more complex.

Contact one of the team:

Amy Walpole

Partner – Head of the Family Department

Family Law Solicitor

Sophie Key

Senior Associate

Family Law Solicitor

Rebecca Broom

Solicitor

Family Law Solicitor


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