Finances upon Divorce

One of the major concerns of divorce, or the ending of a civil partnership, is working out how best to divide the assets. The rules governing family finances are complex. From the outset both parties should fully disclose all assets, income and liabilities.

Sometimes, couples can agree the division of their assets between themselves, but, often, the parties involved have different views on what they consider to be a fair split, and a solicitor is needed to help advise and negotiate on behalf of their client.

Our advice is always to try and reach an amicable agreement through the use of mediation or the collaborative process. The welfare of any child of the family is always the first concern which must be addressed. The current and future needs of both parties is then considered, together with other factors laid down in legislation. Our lawyers will guide you through what to consider to reach a fair settlement in your particular case and support you in negotiations with the other party.

Financial negotiations can be one of the most difficult parts of a divorce and each case is unique. Our lawyers have the legal expertise to provide you with clear, tailored advice, and are trained in mediation and the collaborative process to help ease the emotional stress of dealing with finances.

If an amicable settlement cannot be reached, then our lawyers will recommend the case goes to court and will work with you to achieve the best possible outcome.

Speak to a member of our Family team on 01392 477983 or complete the form and we will be in touch.